Name approval for a company or LLP is a fast and simple process that is 100% online. We will provide you with thorough analysis reports on the appropriateness of your name and submit your request for
A name for a business or an LLP will be the most important aspect of its identity since it communicates its branding and business activities effectively. Thus, it should be chosen with the utmost care, considering all the legalities associated with the procedure. It is equally important that any existing company respect the name you choose for the business. To ensure this, it is necessary to adhere to the requirements of the Companies Act, the Trademark Act, and the Names and Emblems Act. After you have finalised the name, you'll need permission from the registrar in the Central Registration Centre.
The form required to apply for a name reservation depends on the company you're applying to. If you are a business, it is possible to use Part A in the Form SPICe+. Utilising a RUN (Reserve Unique Name) form is possible if you are an LLP.
The RUN, also known as the Reserve Unique Name and the Reserve Unique electronic form, was introduced through the Ministry of Corporate Affairs for the approval and designation of new LLPs and for the change of name of existing firms or LLPs. The form must be submitted for approval by the registrar in the Central Registration Center. In contrast, the names of any new businesses are reserved in Part A of the SPICe Plus form. SPICe plus form.
The organizations that can use the RUN application are:
After obtaining approval and reservation from the Registrar of Companies, the name becomes valid for 20 days. Within that time, the application to incorporate the company or LLP under the name of interest must be made with the Registrar of Companies.
The RUN application can be submitted more than once. There is no requirement to pay an application fee to submit the resubmitted application.
The application fee, or what the government charges for RUN forms, is Rs. 1,000.
A CIN or LLPIN is required if the application is being submitted by an existing LLP or company to change its name. But it won't be needed if there is the creation of a new LLP that uses it for name reservations.
When your RUN application is accepted, the name you have proposed in the form will be reserved for use by the entity that submitted it, meaning that the business will now be registered under the reserved name.
| S.No | Laws | Legal Provisions |
|---|---|---|
| 1. | Companies Act | • Section 4 (2): • The name that is proposed can't be the same as or too closely related to the name of a firm or LLP. • The name chosen must not be in a way that could be a criminal offence under any law that is in force at the moment. • The name suggested must not be unsuitable, according to the view of the Central Government. • Section 4 (3): • The name proposed must not contain any words or phrases that are likely to suggest that the business is associated in any way with, or has the support of, government officials, the Central, State, or Local Government, or a company or body that is a part of the Central, State, or Local Government. • The name that is proposed should not include any terms or phrases, which could be announced or otherwise, unless prior consent by the Central Government has been obtained to allow their use. |
| 2. | Companies (In company) Rules | • Rule 8: • When comparing the name proposed against that of a current firm, there are some things that must be ignored. In the event that, after having a look at these things, the names remain identical and the name proposed can't be utilised, A complete list of these issues is provided in Rule 8. • Rule 8A: • Rule 8A is a complete list of terms and expressions that are considered unsuitable in the eyes of the Central Government and cannot be used to register a brand new company. • Rule 8B: • Rule 8B provides a comprehensive list of terms and phrases that are only permitted by the company after prior approval by the Central Government is obtained. |
| 3. | Trademark Act | • Section 29: • Article 29 of the Trademark Act deals with the violation of trademarks registered under the law. In other words, in the section above, when a person or entity, such as a company or LLP, that is not the authorised owner of the trademark employs it or something similar or equivalent to it, it's considered a violation. In essence, the proposed name must not be identical or similar to the registered trademark. |
| 4. | Names and Emblems Act | • Section 4: • The competent authority cannot register a company, firm, or any other entity that bears the name listed on the Schedule of the Act in the absence of prior permission from the Central Government. Central Government. |
Applying to the Registrar of Companies (ROC) is necessary to get the name approved. For companies, the name reservation application is submitted in Part A on the Spice Plus Form, whereas for LLPs, the application must be filed on the prescribed RUN form. The form for name reservation is filed via the official site of the Ministry of Corporate Affairs (www.mca.gov.in). Applying the need to consider the importance of a name and the activities planned by the start-up or company is also required to evaluate the proposed name. The ROC reviews the application and decides whether to accept the name proposed, ask for questions, or deny the proposed name at their discretion and according to the established rules for name approval by the business.
The name you propose for an llc or llp is legally valid when it complies with the above guidelines. In particular, you must ensure that your name isn't identical to or like an existing business or LLC and does not violate registered or applied trademarks. You can check the proposed name(s) on the databases that are publicly accessible and contain details of the name(s) used by all companies, LLCs, and trademarks, or you can forward the proposed name to us, and we'll prepare the report in detail, analyzing the validity and accessibility of the proposed name.
The name reservation application online is a procedure on www.mca.gov.in. The company name reservation is filed in Part A of the Spice Plus Form. The application is submitted in Part A of the Spice Plus Form and must be filed in the Run Form for LLP. Many names can be submitted for review by the ROC. The applicant has to select the names according to their order of priority.
Once the application is completed, it can be submitted online on the MCA website after paying the prescribed application and government fees. The fee charged by the government for the registration of a company's name is Rs. 1000; for an LLC, it's Rs. 200.
After successfully submitting the name reservation application, you must keep track of its status. The status may be approved, resubmitted for another submission, or denied. Suppose the registrar roc and roc invalidate the names you submitted on the initial application. In that case, your application will be sent to resubmission, where you can alter the names and then complete the form without the need to pay new fees for the application. You have two opportunities to resubmit: one for the run and another for Part A of the spice form. But before your application is rejected or endorsed by the registrar,
When the registrar roc approves the proposed name, a name-approval letter will be sent to the LL.P. or company applying for the name. The approval letter is evidence that the registrar has secured your business. If the ROC denies your application, you will be issued a rejection notice, after which a new application must be submitted using the same procedure.
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
Cameron Williamson
We are an organised team of CA, CS & Lawyers duly supported by trained accountants & paralegals. Startups avail of our Online Company Registration, GST, Compliance, Payroll, Trademark, Copyright & Patent Services all Over India.
© 2022 DOBIZINDIA BUSINESS SOLUTION PRIVATE LIMITED – All Rights Reserved | CIN U74140BR2022PTC057939 |
