Private vs Public Company: Key Differences Under the Companies Act
"Public company" doesn't mean a listed company, and "private" doesn't mean small. The difference under the Companies Act, 2013 is about who can own shares, how freely they can be s…

Verify a company on MCA and check or reserve a proposed company name in 2026. Learn the correct MCA V3, SPICe+ Part A and RUN process.
Last verified: 28 September 2026. MCA company incorporation and name-reservation services operate on the MCA21 V3 portal. For a new company, name reservation is handled through SPICe+ Part A. The RUN web service is used for a change of name of an existing company.
Before paying a new supplier, investing in a company, signing a partnership agreement, or incorporating a business, two checks are useful:
These are different checks. A free name search helps you screen a proposed name, but an MCA search result is not the same as formal name approval.
| What you want to do | Correct 2026 route |
|---|---|
| Verify an existing company/LLP | MCA portal → Master Data / company or LLP search |
| Find CIN/LLPIN and basic public details | MCA Master Data services |
| Reserve a name for a new company | SPICe+ Part A |
| Incorporate with name reservation together | SPICe+ Part A + Part B |
| Change the name of an existing company | RUN (Reserve Unique Name) |
| Reserve an LLP name | RUN-LLP / applicable LLP incorporation workflow |
MCA confirms that companies incorporated from 23 February 2020 onward use SPICe+ for name reservation and incorporation. Its V3 FAQ also states that RUN is the service for an existing company’s change of name.
Go to the official MCA portal Official ↗.
Use the MCA master-data/search services to locate the entity by its name, CIN or LLPIN. Depending on the service and login state, public master data can show information such as:
Do not verify a business from a screenshot or visiting card alone. Match the legal name and CIN/LLPIN against MCA data.
An active MCA status generally means the entity has not been shown as struck off or otherwise inactive in the master data. It does not prove that the business is financially sound, GST-compliant, licensed for every activity, or free of litigation.
For vendor due diligence, also verify GST registration, PAN-linked details, licences and contractual authority where relevant.
A proposed name should be checked for:
MCA’s name rules ignore certain superficial differences when comparing names. For example, punctuation, spacing, plural/singular forms and common entity suffixes may not make an otherwise identical name distinctive.
Company Name Screening
Define the core name
Remove generic words such as Private, Limited, LLP or Group when comparing distinctiveness.
Search MCA
Check existing company and LLP names on the MCA portal Official ↗.
Search trademarks
Check relevant trademark classes on the IP India public search before filing.
Review restricted words
Identify words implying government patronage, regulated professions or activities requiring approval.
Choose alternatives
Prepare at least one genuinely distinctive backup name.
File formal reservation
Use SPICe+ Part A for a new company.
For a new company, use SPICe+ Part A.
MCA’s V3 incorporation FAQ states:
MCA also provides paid extensions for a reserved company name within the permitted window.
| Extension | MCA fee stated in V3 FAQ |
|---|---|
| 20 days → 40 days | ₹1,000 |
| 40 days → 60 days | ₹2,000 |
| 20 days → 60 days directly | ₹3,000 |
Always check the live MCA portal before payment because portal workflows can be updated.
Use RUN (Reserve Unique Name) when an existing company wants to change its name.
This is a common point of confusion. Older articles often tell founders to use RUN for every new company. MCA’s current incorporation workflow instead uses SPICe+ Part A for new-company name reservation.
A free search does not create a legal right over the name.
Even if you find no identical company:
Formal approval is granted only through the applicable MCA filing.
MCA name approval and trademark protection serve different purposes.
| Check | What it protects/confirms |
|---|---|
| MCA company-name search | Corporate-name availability under company-law rules |
| MCA formal reservation | Temporary approval/reservation for incorporation or name change |
| Trademark search | Potential conflict with marks in relevant goods/services classes |
| Trademark registration | Statutory trademark rights subject to the Trade Marks Act |
A name may pass an MCA search yet still create trademark risk.
TaxQue can assist with name screening, incorporation documentation and MCA filing support.
Information note: MCA portal labels and workflows can change. Use the live MCA portal and current rules for the filing you are making.
This article is published by TaxQue (ARB FinTech LLP) for general informational, educational, and business guidance purposes only. Tax laws, GST rules, MCA circulars, and judicial precedents are subject to frequent statutory revisions. This content does not constitute formal individualized tax, accounting, or legal counsel.
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