This section inserts section 57C into the Companies Act 2006. Section 57C provides that, where powers of direction to change a company’s name have been exercised and a company’s name has been changed, the original name or one similar to it cannot be re-used in the formation of another company where an officer or shareholder of the initial company has similar involvement in the new company.
	Subsection 57C(2) relieves a company from this prohibition, provided they have the approval of the Secretary of State.
Part 1: Companies House Reform Company names Section 12: Prohibition on using name that another company has been directed to change