Importance of Name Reservation

• Name reservation is a mandatory precondition for incorporating an LLP in India
  
• It ensures that the chosen name is unique and legally available
  
• The process helps prevent duplication or confusion with existing entities
  
• It provides exclusive rights to use the reserved name for a limited period
  
• A valid reserved name is needed before filing the incorporation form
  

Online Application Portal

• Name reservation is done through the RUN-LLP (Reserve Unique Name – LLP) service on the MCA website
  
• The applicant must log in to the MCA portal using a registered account
  
• The form allows submission of two proposed names, in order of preference
  
• A brief justification for the name must be provided
  
• No need to attach documents unless directed by MCA
  

Guidelines for Name Selection

• The name must end with “LLP” or “Limited Liability Partnership.”
  
• It should not be identical or too similar to an existing LLP, company, or trademark
  
• The name should not include prohibited or offensive terms
  
• Names indicating regulated professions require approval from the respective authorities
  
• Avoid generic words and ensure the name reflects the business activities
  

Approval and Validity

• The Registrar reviews the proposed names for compliance with naming rules
  
• If approved, the name is reserved for 90 days
  
• If rejected, a fresh application must be submitted with revised names
  
• MCA may approve, reject, or suggest modification based on availability
  
• Re-application can be done if the reserved name is not used within the validity period
  

Post-Reservation Procedure

• Once the name is approved, it must be used to file the FiLLiP (Incorporation Form)
  
• The name must exactly match the reserved one in the incorporation documents
  
• Changes to the name after the reservation require new approval and filing
  
• The reserved name cannot be used by any other applicant during the 90-day window
  
• Prompt use of the reserved name ensures smooth incorporation of the LLP