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1. Select in
order of preference a few suitable names, not less than four, ensuring
that the name does not resemble the name of an existing
Company.
2. Apply to the
jurisdictional Registrar of Companies to ascertain the availability of
name in Form- 1A along with fee of Rs. 500/-. Registrar of
Companies informs the status of the application within 14 days.
If the name proposed is not available, apply again for a fresh
name.
3. Arrange for
drafting of the Memorandum and Articles of Association through a
Consultant, vetting of the same by the Registrar of the Companies and
printing of the same.
4. Arrange for
stamping of the Memorandum and Articles of Association as per
Registrar of Companies instructions.
5. Get the
Memorandum and Articles of Association (MoA&AoA) signed by, at
least 2 persons in case of Private Limited Company, at least 7 persons
in case of Public Limited Company, each shall also write in his own
hand his father’s name, occupation and address and number of shares
subscribed for, and duly witnessed by at least one person who shall
also write in his own hand his father’s name, occupation and
address. The MoA & AoA should be dated on a date after the
date of stamping.
6. The following
forms are to be filled and signed:
(a) Statutory declaration by
Company - Form No.1.
(b) Notice of situation of
Registered Office of the Company - Form No. 18.
(c) Particulars of Directors,
Manager or Secretary - Form No.32.
(d) Consent to act as Directors -
Form No. 29.
7. File the
following documents with the Registrar of Companies with necessary
Registration and filing for:
(i) Stamped and
signed copy of Memorandum and Articles of Association.
(ii) Form No. 1, 18,
32, and 29 in duplicate.
(v) Certified true
copy of the Registrar of Companies letter intimating availability of
name.
(vi) Power of attorney in
favour of any person for making corrections on their behalf in the
documents and papers filed for registration.
8. Obtain the
certificates of incorporation from Registrar of Companies.
9. In case of
Private Limited Companies, they can commence business immediately on
receipt of the certificates of incorporation from the Registrar of
Companies.
10. In case
of Public Limited Company following additional steps are to be
completed.
11. Arrange
for payment of application and allotment money in cash by the
Directors on the shares taken or agreed to be taken by
them.
12. File
the statement in lieu of prospectus with the Registrar of Companies in
accordance with Schedule IV of the Companies Act, 1956.
13. File a
declaration in Form No.20 with the Registrar of Companies to the
effect that the application and allotment monies have been paid/will
be paid in respect of shares taken up/agreed to be taken up by the
Directors.
14. Obtain
the certificate of commencement of Business from the
Registrar. |
