Government verifies the name and approves it if it finds it ok. Once the name is approved, the promoters need to file the incorporation form within 60 days. This is because the name is valid for 60 days. The 60 days period is known as name validity period which has been reduced to 20 days.
MCA RUN (Reserve Unique Name) Company Name Approval Process. The complete name of proposed name, including suffix like (OPC) Private Limited / Private Limited / Limited, should be submitted at the time of application for approval. Also, the object of the proposed Company is also to be submitted through RUN application.
An application for registration, formerly called a certificate of authority, is filed by a foreign corporation, limited liability company, limited partnership, limited liability partnership, professional association, or other foreign entity as listed in section 9.001 of the Texas Business Organizations Code when the
Reserving the name establishes your intent to use it and prevents others from claiming it in the meantime.Business name reservations can be limited to a certain period of time. For example, you can reserve a business name in California for just 60 days, but it's 120 days for domestic corporations in New Jersey.
A name can be reserved for a period of 60 days. Fees and instructions for reserving a name are included on the Name Reservation Request Form (PDF).
SRN Generation: Upon successful submission of the proposed name in the RUN form, an SRN will be generated. Challan Generation: Email: Approval / Rejection Letter: Resubmission of the e-form: Fee rules:
The MCA RUN name application form automatically detect and prevents users from applying for a company name that is identical to an existing company or LLP name.Before the expiry of the 20 days mentioned on the name approval, the applicant must file the application for incorporation of the company.
MCA has extended the 90-day time limit to submit FiLLiP/Form 5 for name reservation by newly incorporated LLPs or for LLP name change reservation until 23rd May 2020, for names expiring any day between 15th March and 3rd May 2020. 5.
TIME PERIODS FOR THE RESERVATION OF A COMPANY NAME Most people want to register the Company in any case as fast as possible, but it is good to know that the name can be reserved for 6 months if one needs it to be reserved while you get your affairs in order.