Under SEC. 18 of Batas Pambansa Blg. 68 "The Corporation Code of the Philippines" refers to the Corporate name with details as follows:
SEC. 18. Corporate name. - No corporate name may be allowed by the Securities and Exchange Commission if the proposed name is identical or deceptively or confusingly similar to that of any existing corporation or to any other name already protected law or is patently deceptive, confusing or contrary to existing laws. When a change in the corporate name is approved, the Commission shall issue an amended certificate of incorporation under the amended name.
