Company Law India: Read latest Company law news & updates, acts, circular, notifications & articles issued by MCA amendment in companies Act 2013. Article on Loans Company formation XBRL, Schedule VI IFRS.
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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.
Stakeholders may kindly note that a new web service RUN (Reserve Unique Name) for reserving ‘name of proposed company and for changing name of existing company will be launched w.e.f. 26th January 2018.
‘RUN’ is one of the Government Process Re-engineering (GPR) initiatives for making the incorporation process speedy, smooth, simple and reducing number of procedures involved for starting a business, w.e.f. 26th January 2018 on the occasion of 69th Republic Day new web based service i.e you can directly submit the application for reserving name online within few minutes (there is no requirement to download e-form like INC-1, after filling up the earlier form and attaching DSC (after successful pre-scrutiny) you were required to upload the same), has been launched for reserving name of new company or for change in name of existing company earlier there was INC-1 for reservation of name of new company or for change in name of existing company.
Today 26.01.2018 MCA started a new services named Reserve Unique Name (RUN) for reserve name of New or Existing Company. Process and new provisions for reservation of name are as follow:
