What are factors one should consider in selecting the company name?
It must be short & simple – The name must be concise and not be too long. People should be able to say it easily and they should be able to recollect your company’s name the first time they read it or hear it.
It must be meaningful – The name of the company should be related to the business. It must fit the company’s branding.
It must be unique – The name of the company mustn’t be the same or identical to an already existing company or a trademark. One must preferably avoid the plural version.
Add Suffix – The name of the company must end with the suffix “Private Ltd” in a case of a Private limited company and “Nidhi Limited” in case of a Nidhi Company.
It shouldn’t be illegal / offensive – The name of the company shouldn’t be against the law. It shouldn’t be abusive or against customs and the beliefs of any religion.