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The Companies (Amendment) Bill, 2017, which is aimed at making some major changes to the Companies Act, 2013, was passed in Lok Sabha, Rajya Sabha by voice vote. The Companies (Amendment) Act, 2017 of Parliament received the assent of the President on the 3rd January, 2018. Name reservation in case of new company shall be […]
In this Flash editorial, the author begins by referring the Quick Questions on Condonation of Delay Scheme 2018 in relation to Active Companies or Struck off Companies Both. Condonation of Delay Scheme, 2018 is an Opportunity Scheme for the Disqualified Director to remove their disqualification, which occur due to non filing of Financial Statements & Annual Returns.
The Companies Act, 2013 aiming to promote Corporate governance has armed the regulator with enormous powers. Exercising these, recently two major steps have been taken by the Registrar of Companies (RoC) in this respect (i) Disqualified directors of the Company that had not filed annual return for continues 3 years, and (ii) the names of companies, prima facie not doing any business, were struck off.
RUN service should be used pursuant to Section 4(4) of the Companies Act, 2013 and Rule 8 & 9 of Companies (Incorporation) Rules, 2014 which are reproduced for your reference:
Article discusses briefly on Impact of Companies Amendment Act, 2017 on Companies Act, 2013 Provisions related to Associate Company, Joint Venture, Small Company, Name Reservation, Name Change of an Existing Company, Registered Office, Private Placement, Repayment of deposit accepted before commencement of this act, Penalty of wrongful acceptance of Deposit, Place of keeping Register, Charges, […]
Reserve Unique Name (RUN) is the new Web-Form introduced by The Ministry Of Corporate Affairs to Reserve Unique Name, as another promising step towards promoting work culture in India on its 69th Republic Day. In the spree to ease the bureaucratic fallouts in the process of incorporating a company in India, the government in affiliation […]
On 26th Jan 2018 a new web based service RUN (Reserve Unique Name) has been introduced by Ministry of Corporate Affairs. Through this service you can directly submit the application for reserving name online within few minutes. On the basis of various queries raised by our clients, we have summarized it in FAQ. Q1. Whether […]
Articles Provides 25 Key Highlights On Companies (Amendments) Act, 2017 which includes Provision related to Registration / Conversion of LLP of Company/LLP, Issuance of Sweat Equity Share, Section 3A Number of members falling below the minimum requirement, Section 12 Changes of Registered Office of the Company, Private Placement, Financial Statements, Corporate Social Responsibility, Audit and […]
An application for reservation of name shall be made through the web service available at www.mca.gov.in by using RUN (Reserve Unique Name) along with fee as provided in the Companies (Registration offices and fees) Rules, 2014, which may either be approved or rejected, as the case may be, by the Registrar, Central Registration Center
In RUN web-form, a company name can be reserved very fast and in easy way. Even digital signature is not required for the same. The person can apply for a name of his choice. There shall not any option to apply for more than one name in a form as compare to 6 name options in earlier case.