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. 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.
Any applicant seeking reservation of a proposed company or seeking to change an existing company should apply for reservation through the RUN service. This application will then be processed by the Central Registration Centre (CRC). The proposed name applied should not be undesirable as per the relevant provisions of the Act and the rules mentioned in it.
The following table gives the details regarding the types of companies names that can be reserved along with their respective suffixes:
Sr. No |
Company Type |
Suffix Required |
1. |
Limited/ Company |
|
2. |
Section 8 companies |
Private Limited |
3. |
IFSC Company |
IFSC Limited /IFSC Private Limited |
4. |
Unlimited Company |
Unlimited Company |
5. |
Nidhi Limited |
|
6. |
Producer Company Limited |
|
7. |
(OPC) Private Limited |
The Central Registration Centre (CRC) may on the basis of information and documents provided, reserve the name for a period of:
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:
If you’d like to know more about the rule pertaining to the proposed names.
Here is a complete list of things required for RUN:
Upon successful submission of the proposed name in the RUN form, an SRN will be generated. Make sure that you save the SRN details as it will be required for future correspondence with the MCA.
A challan will be generated upon successful submission of the proposed name and payment of the prescribed fees. This document will serve as a proof of payment by the user to the MCA.
Whether a proposed name is approved or rejected an email conveying the same will be generated. This serves as an acknowledgement of the approval or rejection of the name by the MCA to the applicant.
In addition to the email, when a proposed name is approved or rejected by the concerned authority an acknowledgement of the approval or rejection along with the related documents, if any, is sent to the email id of the applicant.
It is important to note that the name applied for will either be approved or rejected. No resubmissions are allowed, the applicant cannot edit the forms once submitted. For any change pertaining to the company name or reservation of a new name, a new fresh application will have to be accompanied made with the payment of Rs.1000 as fees.
A nominal fee of Rs. 1000 is to be paid while applying for the company title. Please note that the fee payable is subject to changes with regard to the Act or any regulation. If in case such a change occurs a notification informing the same will be issued by the MCA.