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Name of the proposed Company.
Business activity of the proposed company in brief
The name application can be filed only by a registered user of MCA. Hence, if one does not have an account then one has to create an account. One has to select the category from “Register user” or “Business user” and fill all other details to create an account.
It is not mandatory to attach any document along with the application to reserve company name. But if any more information is to be provided then one can attach it in pdf form.
Start with filing the name application online on the MCA portal through RUN (Reserve Unique Name) service. The following information must be provided for the application to reserve company name. • Whether it is a new request or a resubmission • Type of company such as New company, OPC, Producer company or others from the drop-down list • CIN if there is a change in a company name • Provide two proposed names of the company • Business activity of the company and other information. • Attach document as mentioned above if required .
The government fee for the name application of a company is Rs. 1000/-. After submitting an application one has to pay the government fees online through credit/debit card or NEFT. The name application fee is non-refundable. The payment of fees will generate a receipt with SRN to track the application or further processing. If the name is applied along with the incorporation form – SPICE, then the additional fee of name application will not be levied
On submission of name application, the MCA will process the application in 2-3 working days. One can check the company name status on the MCA portal from MCA services – Track SRN/Transaction status. If MCA finds the name is available then the ministry will approve the name and send the name approval letter. Otherwise, it will send an application for resubmission. In such a case the application status will be “sent for resubmission” and an email will be sent to the registered email id.
It is a simple and easy to use web service for reserving a name for a new company or for change of name for any existing company.
User has to enter the name he wants to reserve, for incorporation of a new company or for changing the name of an existing company. Users are requested to ensure that the proposed name selected does not contain any word which is prohibited under Section 4(2) & (3) of the Companies Act, 2013 read with Rule 8 of the Companies (Incorporation) Rules, 2014. Users are also requested to read and understand Rule 8 of the Companies (Incorporation) Rules, 2014 in respect of any proposed name before applying for the same.
Rs.1000 for each submission.
Yes Resubmission is allowed one time however,Resubmission Option for name reservation shall not be available from 1st Feb 2020 onwards.