Youngistan 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 "Niky 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?
(b) Would the proposed name be accepted by the registrar? Give reason.
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