No company should be allowed, as communicated by MCA vide CircularNo 2/2014 -FNo.2/2/20l4-CL-V
Dated the 11th February, 2014, to be registered with the word "National" as part of its title unless it is a government company and the Central / State government(s) has a stake in it. This should be stringently enforced by all Registrar of Companies (ROCs) while registering companies. Similarly the word "Bank" may
be allowed in the name of an entity only when such entity produces a No Objection Certificate from the RBI in this regard. By the same analogy the word,,stock Exchange" or "Exchange" should be allowed in name of a company only where No Objection Certificate' from SEBI in this regard is produced by the promoters.
Dated the 11th February, 2014, to be registered with the word "National" as part of its title unless it is a government company and the Central / State government(s) has a stake in it. This should be stringently enforced by all Registrar of Companies (ROCs) while registering companies. Similarly the word "Bank" may
be allowed in the name of an entity only when such entity produces a No Objection Certificate from the RBI in this regard. By the same analogy the word,,stock Exchange" or "Exchange" should be allowed in name of a company only where No Objection Certificate' from SEBI in this regard is produced by the promoters.
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