YoungIndia Pvt. Ltd., the famous group of promoters submitted an application to the registrar of the company for the approval of the name for shoe manufacturing company. They choose ' Nike Ltd.' as the name of the company so as to increase the sales because Nike was a well known and well established brand. (a) Who selects the name of the company ? (1) (b) Would the proposed name be accepted by the registrar? Give reason. (2)
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