Dear Members
MCA has issued a circular bearing Circular No. 07/2012 dated 25.04.2012 .
The Circular is on " Availability of Name by System Online -Certified by Practicing Professionals"
The Summary of the Circular is as follows:
1. Availability of Name Online by System & Certification by Practicing Professionals to Continue.
2. The Certified Names by Professionals will go to STP Mode.
3. Such Applications will be put to Online Check before Approval.
4. System to verify on any two words resembling with the existing names of other companies.
5. If name is resembling with other companies, such applications will be put to Non-STP Mode.
6. If name is not resembling with other companies, such applications will be go to STP Mode.
7. Applications on Name ( Form 1A) approved via STP Mode, Before 11.00 Hrs :- Form 1 ( Incorporation Documents) to be filed after 19.00 Hrs same day
8.Applications on Name ( Form 1A) approved via STP Mode, After 11.00 Hrs :- Form 1 ( Incorporation Documents) to be filed after 19.00 Hrs on any Next Working Day.
9. Company Names without Private Limited / Limited to be processed via Non-STP Mode.
Please find attached circular for your reference.
regards
Santosh Shah
CAclubindia
