| Formation of Companies • Formation of Private limited Companies.
• Formation of Public limited Companies.
• Formation of non-profit association/ Sec.25 companies.
• Conversion of Proprietorship concern, Partnership firm into Private or Public
limited Companies.
• Conversion of Private limited into Public Limited and vice versa. Steps to be taken to form/incorporate a private limited company :- Minimum requirements:
• Minimum 2 Shareholders (Maximum limit 50 shareholders).
• Minimum 2 Directors.
• Minimum Authorised Share Capital shall be Rs. 100,000 (Rupees One Lac).
• Approved DIN (Director Identification Number) for all the proposed Directors.
• DSC (Digital Signature Certificate) for atleast one Director. Incorporation/Registration procedure • Apply to the concerned ROC to ascertain the availability of name in eForm-1 A
along with a fee of Rs.500.
• Ensure that the proposed name of the company does not resemble the name of
any other company already registered.
• Drafting of the Memorandum and Articles of Association, vetting of the same by
ROC and printing of the same.
• Stamping of the Memorandum and Articles with the appropriate stamp duty.
• Get the Memorandum and Articles signed by the promoters/subscribers in their
own hand, with their father's/husband's name, address and occupation, the
number of shares subscribed for and witnessed by atleast one person.
• Get the following forms duly filled up and digitally signed:-
- Declaration of compliance - eForm-1.
- Notice of situation of registered office of the company - eForm-18.
- Particulars of Director, Manager or Secretary - eForm-32.
• Online filing and hard copy submission of the following documents with ROC
with filing fee and registration fee:-
- eForm-1- Declaration of compliance.
Attachments/Enclosures
• Memorandum and Articles of Association.
• Name availability letter issued by ROC.
• List of Subscribers.
• Evidence of payment of stamp duty towards Form-1.
• Power of Attorney from the subscribers in favour of any person for making
corrections on their behalf in the documents and papers filed for
registration.
- eForm-18 & 32.
• Obtain Certificate of Incorporation from ROC. Additional Steps to be taken for formation of a Public Limited Company
• Consent of Directors to act as such.
• Arrange for payment of application and allotment money by Directors on shares
taken or agreed to be taken.
• File the statement in lieu of prospectus with ROC in schedule-III of the
Companies Act (If the Company is not issuing the Prospectus to raise funds
from general public).
• File a declaration in eForm-20 digitally signed by one of the Directors.
• Obtain the Certificate of Commencement of Business. |
