Companies (Incorporation) Amendment Rules, 2016

The Ministry of Corporate Affairs (MCA), vide notification dated January 22, 2016, issued the Companies (Incorporation) Amendment Rules, 2016, wherein rule 8, rule 9 and rule 36 of Companies (Incorporation) Rules, 2014 (hereinafter referred to as the principal rules), have been amended.

The changes in the principal rules have been briefed out as follows:

Rule 8-

1. Rule 8 of the principal rules provides for the names which are to be considered undesirable for incorporating a company. Vide this amendment notification, the government has omitted the following conditions from the list of undesirability:
   
   
   1. The name which is not in consonance with the principal objects of the company as set out in the memorandum of association;