What are the formalities for naming a partnership concern? -

and if possible please suggest some good names

Naming a partnership firm is mutual choice of partners. However Name Emblem Act must be followed and it should be ensured that name is not similar to any other existing concern. In case of registered firm if name is used by new concern, compensation may be imposed and name also liable to withdraw. Naming should also be matching with the actual objective of proposed concern like a proposed concern if going to start a software development business, may named as Five Star Software Solutions.