Section 4(4) of the Companies Act, 2013, requires reservation of name by making an application to the Registrar of Company (ROC) as- (i) the name of a proposed company; or (ii) The name to which the company proposes to change its name. The manner of making the application is listed out under Rule 9 of the Company (Incorporation) Rules, 2014. An application for reservation of name is to be filed through Form No. INC-1 accompanied by such fees as provided under the Companies (Registration offices and fees) Rules, 2014.
A company name can be reserved (as a name for a proposed company; or for change of name of an existing company) through the web based application called RUN (Reserve Unique Name) introduced by the Ministry of Corporate Affairs. This facility can be used only by a registered user of the MCA portal. The same web client can also be used to change the name of an existing company. The applicant may submit two proposed names including the suffix, in order of preference, along with the application Fee of Rs. 1000. The applications will be processed and scrutinised by the Central Registration Centre (CRC). The name should comply with Company Name Availability Guidelines and Trademark laws. The major steps involved to reserve a name are:
4. Payment of Fees
5. Ppproval/ Resubmission
A company name approved through RUN portal is valid for a period of 20 days from the date of approval in case the name is reserved for a new company; or 60 days from the date of approval in case of change of name of an existing company.
Alternatively, the applicant may apply through the integrated SPICE Application for company registration. In that case, the applicant can only submit one name and two re-submissions for seeking approval.
Brand Name Reservation(Individual)
6400+ GST 18%
Brand Name Reservation(Business)
11000+ GST 18%
Brand Name Reservation(MSME)