Company’s ‘Naamkaran’ process simplified. Really?
CS Vinita Nair 22 May 2018
The Ministry of Corporate Affairs (MCA) claims that reserving a company’s name is child’s play, as evident from the Ministry’s home page (http://www.mca.gov.in/) in view of the launch of recent facility of Reserve Unique Name, abbreviated to RUN.  The previous system of filing with the respective Registrar and physically chasing up with the Registrar’s office has been done away with and replaced with a system driven process.
 
It is a process, which is transparent yet opaque; simple yet unclear; with no physical interface and is yet subjective. The user is required to login at MCA -> click on MCA services-> Reserve Unique Name:
 
 
Once the file is submitted, the Central Registration Centre (CRC) reverts asking for further details. However, if the user intends to visit and understand the reason for rejection or  comments or explain the difficulty – there is no physical interface for CRC. All one can do is raise a ticket and wait for the same to be resolved.
 
If the request is rejected, then one must re-open the ticket and again wait for the same to be actually resolved.
 
The difficulty being faced by the existing and to be incorporated company cannot be put across to CRC in the absence of physical interface. The Ministry should look into the practical difficulties being faced by companies to accomplish a mundane task. As of now, reserving a name is surely not a child’s play.
 
(CS Vinita Nair Dedhia is Partner at Vinod Kothari & Co)
 
Comments
KUNAL LAKHARA
7 years ago
Completely agree with the post. Recently wanted to open a new company but just the process of getting a name took more than couple of weeks. Urge the Ministry to seriously look into it.
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