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What is the procedure for name approval for a Public Limited Company?

1. Choose Suitable Names

  • Select one or two preferred names for the company that comply with the Companies (Incorporation) Rules, 2014.
  • The name should be unique, not identical or similar to an existing company or trademark.
  • Avoid restricted words like “National,” “Bank,” or “Stock Exchange” without proper approval.
  • The name must reflect the main business activity of the company.
  • The suffix “Limited” is mandatory to indicate public company status.

2. Conduct Name Availability Search

  • Use the MCA name search tool available on the Ministry of Corporate Affairs (MCA) website.
  • Verify that the proposed name is not already taken or reserved.
  • Cross-check for similar or registered trademarks using the Controller General of Patents, Designs and Trademarks (IP India) website.
  • This step helps prevent rejection due to name duplication or infringement.
  • Consider legal consultation for complex or brand-sensitive names.

3. File RUN (Reserve Unique Name) Form

  • Log in to the MCA portal and access the RUN (Reserve Unique Name) service.
  • Fill in company type (Public Limited Company), proposed names, and brief object of the business.
  • Submit only one name per application, or two if filed under incorporation forms.
  • Upload any required documents or NOC (No Objection Certificate) if using a word based on a registered trademark.
  • Pay the applicable fee online to process the request.

4. Review and Approval by ROC

  • The Registrar of Companies (ROC) examines the application.
  • If the name is compliant and available, it is approved and reserved for 20 days.
  • The approval email and reservation document are sent via registered email.
  • If rejected, reasons will be provided, and the applicant may reapply.
  • There is no refund for rejected applications.

5. Proceed with Incorporation

  • After name approval, proceed to file the SPICe+ form for company incorporation.
  • The reserved name must be used exactly as approved.
  • Incorporation must be completed within the validity period of the reserved name.
  • Delays beyond 20 days require re-application for name reservation.
  • The approved name becomes the official identity of the company post-registration.

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