Reserve Unique Name (RUN) is a web service used for reserving a name for a new company or for changing its existing name. The web service helps you verify whether the name you’ve chosen for your company is unique.
RUN (Reserve Unique Name) is a simple and easy process. The Ministry of Corporate Affairs has simplified the Company Name Approval Process from 26th January 2017 by introducing a new simple web-based application called RUN (Reserve Unique Name) for Company Registration.
Before the RUN web-form was introduced, all applications concerning company names were to be made in the Form INC-1. The names were to be accompanied with a minimum of 2 Director Identification Number and 1 Digital Signature. Today with the introduction of the RUN web-form, a company name can be reserved easily without the requirement of a digital signature. RUN is a welcome change from the old and customary eForms MCA has asked till date.For the Best consultants in income tax and gst return filing in Bangalore, Delhi & Chennai.
No need of DIN (Director Identification Number) or Digital Signature Certificate (DSC).
No need to provide other details about incorporation like proposed capital, shareholding or promoter details etc.
Simple web form and easy to fill in with no complications whatsoever.
With web form all the inherent limitation of eForm filing is done away with like uploading error or DSC not registering etc.we are the best income tax and gst return filing consultants in bangalore, chennai & delhi.For the Best consultants in income tax and gst return filing in Bangalore, Delhi & Chennai.
Not more than one name can be applied
No Resubmission is permitted
Chances of name getting rejected is high, which may result in increase in cost for promoters of proposed company
eForm generally serves as an office copy, in case of web form there is no office copy of form available, applicant need to take screen shot and can preserve it for record
The Central Registration Centre (CRC) may on the basis of information and documents provided, reserve the name for a period of:
20 days from the date of approval if in case the name is being reserved for a new company.
60 days from the date of approval if in case of it includes a change in the name of an existing company.For the Best consultants in income tax and gst return filing in Bangalore, Delhi & Chennai.
According to the laws governing the RUN form, there are certain regulations pertaining to the reservation of the names. Some of these rules are as follows:
The name stated should not be identical to the name of any existing company registered under the Companies Act
The name chosen should not constitute an offence under any law and should not be undesirable in the opinion of the Central Government
The company name should not have any word or expression which is likely to give the impression that the company is in any way connected to the Government central or state or any any other local authority when it is actually not unless the approval from the respective government authority has been attained.we are the best income tax and gst return filing consultants in bangalore, chennai & delhi.
Here is a complete list of things required for RUN:
An MCA account.
Corporate Identification Number (CIN)
The proposed name
Relevant document required with the proposed name. For the Best consultants in income tax and gst return filing in Bangalore, Delhi & Chennai.
1. Login with MCA either with existing ID or create a new user ID
2. Go to MCA Services> Company Services> RUN (Reserve Unique Name)
Fill in RUN application form and click on submit.
4. Pay fees and wait till application is processed. You can check status of RUN application using same login ID at ‘Track Transaction Status’. Fees per application is Rs. 1,000/- and it does not have option of Pay Later or offline Payment. Applicant need to make payment immediately using Debit or Credit Card or through Net Banking of HDFC/ICICI/Union Bank/SBI/Indian Bank or PNB only.for the Best consultants in income tax and gst return filing in Bangalore, Delhi & Chennai.
The Fee for Company Name application under RUN is Rs.1000
In a RUN Application, the applicant can submit 2 alternate names in the order of preference. In case the name application is rejected by the CRC, there is one chance for re-submission of application with another set of 2 names. If an application is rejected second time, a fresh application is required to be filed with fresh payment of Rs.1000 for every application submitted using the RUN service.
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