The advisory states that proposed names should be distinctive and should not closely resemble existing or well-known names. A No Objection Certificate will not be considered where the proposed name is identical or similar to an existing name. It also prescribes time limits for reuse of names of dissolved, struck-off, or liquidated companies and LLPs. It requires regulatory approvals or NOCs when certain words such as ‘Bank’, ‘Insurance’, ‘Architect’, or professional designations are included in the name. Restrictions are also specified for the use of foreign country or city names and words implying government association. It also provides instructions relating to selection of NIC codes, consistency of objects, registered office documentation, and filings in SPICe+ and FiLLiP forms.