Much Needed relaxation provided by Ministry on RUN

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.

Ishita Ramani

Ishita Ramani is a young woman entrepreneur and currently the Operations Director at Ebizfiling India Private Limited. In her entire career so far, she has led a team of 50+ professionals like CA, CS, MBAs and retired bankers. Apart from her individual experience on almost every facet of Indian Statutory Compliances, she has been instrumental in setting up operations at Ebizfiling.com! Read about her journey at- https://www.greatcompanies.in/post/ishita-ramani-operation-director-at-ebizfiling-india-pvt-ltd

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