The name of your Nidhi Company is very important. Your Nidhi Company’s name is the first impression to your buyers, suppliers, and stakeholders. It should, therefore, be attractive, relevant, and suggestive. However, there are several factors that you should keep in mind while choosing a name for your company.
Short & Simple
The name should be concise and not be too long. People should be able to recall and pronounce your company’s name easily the first time they hear or read it.
The name of your Nidhi Company should be relevant to your business. Therefore, It should fit the company’s branding strategy. For example, Infosys refers to information systems or IT technologies.
The name of your Nidhi Company should not be the same or identical to an existing company or trademark or for which a trademark has been applied for. However, you should avoid plural version e.g, “Snapdeals” or merely changing the letter Case or punctuation marks or spacing in a Company and Trademark name.
Nidhi companies are not required to end their name with “Nidhi Limited”.
Should not be illegal/offensive
The name of your Nidhi company should not be against law. As well as it should not be abusive or against the customs and beliefs of any religion and should not use words or phrases which are used as a slur and are offensive to a particular group of people. Further, names cannot include foul words or phrases.
Should not violate any laws
Your Nidhi Company’s name should not be given under and violate the Emblems and Names (Prevention of Improper use) Act, 1950.
Should not use the words “British India”
The procedure of Nidhi company registration is user-friendly and economical. Just follow the given steps and get you Nidhi company incorporated.
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