Direct Tax Services
Audit
Consulting
ESG Advisory
RBI Services
SEBI Services
IRDA Registration
FEMA Advisory
Compliances
IBC Services
VCFO Services
Developed
Developing
BOTs
American
EU-1
EU-2
South East
South Asia
Gulf
ME
Select Your Location
Table of Contents
When deciding to set up a business of any kind, the most important step is to select a name that is both unique and describes the product or services aptly. The Features of reserve unique name should stand out from the crowd in the market. The name is what shall bring distinction to the business.
Additionally, when the business is being registered as a company, it is further essential that it holds good against the guidelines that are laid down by the Authorities. When the application for reserving a proposed name is made to the prescribed authority, the name is scrutinized as per the rules. Thus, it should always be assured that the proposed name does not contravene with various provisions of Section 4(2) & (3) of the Companies Act, 2013 read with Rule 8 of the Companies (Incorporation) Rules, 2014.
Hence it should be noted that while initiating with the registration of a company, selecting of valid name and reserving it is not only the first step but also, is of utmost importance.
Ministry of Corporate Affairs, through the notification dated 20th January, which came into force from the 26th day of January 2018, made a few rules to amend the Companies (Incorporation) Rules, 2014. Rule 9 was substituted, and RUN – Reserve Unique Name application was introduced. Form INC-1 which was earlier available for application of reserving the proposed name is no more valid now.
This step is taken prior to the filing of SPICe incorporation form for registration of the company. Though, the name for the company may be applied through SPICe as well.
Experienced Finance and Legal Professional with 12+ Years of Experience in Legal, Finance, Fintech, Blockchain, and Revenue Management.
RBI released a developmental and regulatory policy statement on June 8, 2023. The objective of...
Financial Institutions called Asset Reconstruction Companies ("ARCs") reconstruct and securitis...
Any person booked for an offence under the Criminal Procedure Code (CrPc) / the Code would be r...
The Reserve Bank of India regulates Non-Banking Financial Companies in India, and they are subj...
The Reserve Bank of India regulates Non-banking Financial Companies in accordance with the RBI...
Incorporation of a Limited Liability Company (LLC) is an attractive choice for small business o...
The Reserve Bank of India (the Bank) issued Non-Banking Financial Companies Acceptance of Publi...
A few years ago, investing in traditional investment categories like shares, bonds, real estate...
Compared to other organisations, the corporate governance of Non-Banking Financial Companies is...
India is emerging as a global powerhouse. India is a huge market and is witnessing rapid econom...
Are you human?: 6 + 3 =
Easy Payment Options Available No Spam. No Sharing. 100% Confidentiality
The Private Limited Company Registration provides you with some of the benefits: which include that you can add to...
27 Oct, 2017
Every business owner looks for an opportunity to increase the market reach of his business and generate significant...
25 Dec, 2019
Red Herring Top 100 Asia enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.
Researchers have found out that organization using new technologies in their accounting and tax have better productivity as compared to those using the traditional methods. Complying with the recent technological trends in the accounting industry, Enterslice was formed to focus on the emerging start up companies and bring innovation in their traditional Chartered Accountants & Legal profession services, disrupt traditional Chartered Accountants practice mechanism & Lawyers.
Stay updated with all the latest legal updates. Just enter your email address and subscribe for free!
Chat on Whatsapp
Hey I'm Suman. Let's Talk!