Implication : During company registrations, one of the major question that remain unanswered, or rather correct dealt by professionals is that how to rectify mistakes in name approval form. To understand this problem and deal it in a suitable manner, Taxmantra.com provides you a comprehensive case of using eForm 68 as a tool, which can be filed for rectification of certain mistakes made while filing electronically on the Ministry’s web-site of eForm 1A, eForm 1 in selecting type or category or sub category of the proposed company or in entering name or country where the company is registered or type of office in eForm 44 respectively. Condition : Rectification in respect of eForm 1A is allowed only in case eForm 1 has been filed in respect of the same and the company has not yet been incorporated. Simply put, Form 68 can only be filed in a situation where name has been approved, and incorporation documents has been filed with MCA, but the same has not been approved. Rectification of mistakes is allowed only once in respect of one company. Filing of this form shall not be allowed in case there is any other eForm 68 pending for payment of fee or any other eForm 68 is under processing in respect of the original eForm. Procedure : Select the eForm for which rectification is required to be done and enter the corresponding Service request number (SRN). Status of SRN should be approved. Ensure that correct SRN is entered and verify the details displayed by the system. In case of Form 1 and Form 44 – System will automatically display the Corporate identity number (CIN) or foreign company registration number (FCRN), name and registered office address or address of principal place of business in India and email ID of the company. In case there is any change in the email ID, enter the new valid email ID. In case of Form 1A – Enter the name and email ID of applicant. Details of rectification required in respect of eForm 1A. System will automatically display the details based on the SRN of eForm 1A. Select the correct value of the field(s) that is required to be rectified. Only those fields should be selected for which rectification is required. Value selected should not be same as the value of the corresponding field as per the original eForm. Ensure that the correct option is selected as upon approval of eForm 68, the information shall get updated. Details of rectification required in respect of eForm 1. System will automatically display the details based on the SRN of eForm 1. Select the correct value of the field(s) that is required to be rectified. Only those fields should be selected for which rectification is required. Value selected should not be same as the value of the corresponding field as per the original eForm. Ensure that the correct option is selected as upon approval of eForm 68. We at Taxmantra.com have a dedicated corporate law team comprising of Chartered Accountants, Company Secretaries and Legal Practitioners who expertly handles rectification services pertaining to Form 1, 1A and 44 , in order to remain in perfect compliance with the law. Further, we also handle company and LLP Registration/Incorporation services, along with the annual compliances that each of the entity is supposed to adhere to, in order to remain in perfect compliance with the law. Further, we also have a direct taxation team who would plan the best tax structure for each of these entities.