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1. What is INC 1?

INC - 1 is an e form that is required to be filed pursuant to Section 4(4) of the Companies Act, 2013 and Rule 8 & 9 of Companies (Incorporation) Rules, 2014 for reservation of the name by the proposed company. An applicant seeking reservation of name for a proposed company or an existing company seeking to change its name shall make an application to the Registrar in which the registered office of the company is situated or to be situated. In the case of a new company, the applicant can propose six names for the company. The Registrar may on the basis of information and documents filed as an application in this eForm, reserve the name for a period of sixty days from the date of the application.

2. Why is it important?

This form helps in reserving the name of the company. According to the Indian Trademark Act 1999, as well as the Companies act 2013, no two companies can have the same name as it is likely to hamper their business and clientele, therefore this form is filed to reserve the name for an applicant until the entire procedure of registration is completed.

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