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    <title>RESERVE UNIQUE NAME</title>
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    <description>Section 4 restricts company names for similarity, illegality, undesirability and government implication. The Amendment Act shortened the reservation validity for names applied by proposed new companies while retaining the longer period for name changes by existing companies. The Companies (Incorporation) Rules replaced Form INC 1 with the online Reserve Unique Name (RUN) service: a post login single name application that accepts attachments, requires regulator approvals where applicable, is processed by the Central Registration Centre under non STP review, and issues system generated digitally signed approval or rejection communications.</description>
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