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of <h1>Amendment to Companies Rules: New RUN Service for Name Reservation, Form Changes, and Fee Exemptions Explained.</h1> The Companies (Incorporation) Amendment Rules, 2018, effective from January 26, 2018, introduce changes to the Companies (Incorporation) Rules, 2014. Key amendments include the substitution of rule 9, requiring name reservation applications to be made via the RUN web service. Rule 10 omits Form No.INC-7, while rule 12 mandates company registration applications using Form No.INC-32 (SPICe) and requires necessary sectoral approvals. Amendments to rule 38 address subscriber requirements and fee exemptions for companies with nominal capital up to ten lakhs or fewer than twenty members. Form No. INC-1 is also updated.
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