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Question ID : 36910

Name Reservation in CRC

I have applied for a Name reservation of a existing Nidhi Company. CRC has rejected the same with remarks "NOC from concerned regulatory authority has to be obtained". But in the Companies Act 2013, nowhere it has been mentioned that NOC for Name reservation has to obtained. I have raised the ticket asking CRC to quote relevant provisions in the Act. But their reply is not appropriate. How to escalate the issue or solve this issue?

Posted by SANTHANU R on Dec 29, 2018

Filed Under Companies Act, 2013

Answer ID : 76118

it is better to raise your complaint to regional director . i am sure he will resolve your problem

Posted by CA. SATISH CHAND GARG on Dec 30, 2018
Answer ID : 76119

raised your query to regional director of the ministry.

Posted by CA. SATISH CHAND GARG on Dec 30, 2018
Answer ID : 76123

Hello Colleague Have faced the similar issue in my case though it was not for nidhi company. they have been rejecting the name for approval for very silly reasons. I tried to escalate the matter on the given address "CRC.Escalation@mca.gov.in" but got no reply even from them for over a month. Ultimately i applied for new name as the earlier application got rejected. we need to raise this concern at serious level as it is taking a lot of time in name approvals and most of the time it is being rejected for silly reasons. You can try the email id though once.

Posted by ajit kumar maskara on Dec 31, 2018
Answer ID : 76131

Please see rule 8(2)(b)(xiii) of Companies (Incorporation) Rules, 2014 which talks about a declaration in case of Nidhi companies among others.

Posted by B.CHACKRAPANI WARRIER on Jan 01, 2019