MINISTRY OF CORPORATE AFFAIRS
August 5, 2013
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If the name of the company includes the words indicative of a separate type of business constitution or legal person or any connotation thereof, the same shall not be allowed.
Name including phrase 'Electoral Trust' may be allowed for registration of companies to be formed U/s 25 of the Act, under the Electoral Trusts Scheme, 2013, as notified by CBDT.
Such Sec. 25 company shall be a new company, and shall be required to comply with section 293-A of the Act.
The MCA has, vide General_Circular_12/2013.pdf dated 28.06.2013, made modifications to the Para No. 9 of General Circular No. 45 dated 08.07.2011, which is explained as follows:
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