Private Limited Company

Much Needed relaxation provided by Ministry on RUN

We all know that after incorporation of RUN Service (Reserve Unique Name), an applicant seeking reservation of a name for a proposed Company or an Existing Company seeking to change its name has to apply for reservation through RUN Service only. This process seemed to be more on a riskier side than on providing ease. The applicant had to be very cautious while choosing a single name as it was the only option and further no re-submissions were also allowed.

 

To curb this problem and as part of the Ministry’s commitment for continuous improvement of the process and to provide greater ease to the stakeholders, the Ministry of Corporate Affairs (MCA) has come up with much-needed relaxation on Name Reservation.

 

As per the latest notification of the Ministry of Corporate Affairs (MCA) from 24th March 2018 onwards, Two (2) proposed names and one (1) resubmission will be provided while reserving unique names for Companies through the RUN.

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Author: ishita

Ishita Ramani is the Operations Director at Ebizfiling, with extensive experience in managing business operations and statutory compliance in India. She has led cross-functional teams of professionals, including CAs, CSs, and legal experts, and specializes in company registration, regulatory compliance, and business advisory. She focuses on building efficient processes and simplifying compliance for startups and growing businesses.

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