INCORPORATION OF COMPANY

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Kishore Gunda

Kishore Gunda (Querist)
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08 April 2009
Hai Friends,

Kindly tell me the Procedure to incorporate the Company.

Sumit G

Sumit G (Querist)
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08 April 2009 Sir i m joining ss kothari for my training i m a ca final student. my attempt is due in nov.10 i hv told that i have to do training till march next year without taking any coaching. if i go for this option will it be possible to get rank in 6 months. i was rankholder in both pe-1 and pe-11. and i want to continue in final as well. what kind of exposure i can get there. what ranking does ss kothari bears. how much beneficial it for me to do training in this firm. pls suggest in detail.

Priyanka Sarda

Priyanka Sarda (Expert)
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23 April 2009 Steps to be taken to get a new company incorporated:

1.Select, in order of preference, at least one suitable name upto a maximum of six names, indicative of the main objects of the company.

2.Ensure that the name does not resemble the name of any other already registered company and also does not violate the provisions of emblems and names (Prevention of Improper Use Act, 1950) by availing the services of checking name availability on the portal.

3.Apply to the concerned ROC to ascertain the availability of name in eForm1 A by logging in to the portal. A fee of Rs. 500/- has to be paid alongside and the digital signature of the applicant proposing the company has to be attached in the form. If proposed name is not available, the user has apply for a fresh name on the same application. (In certain cases NOC certificate is required, that should b taken care of and should be attached with Form 1A.)

4.After the name approval the applicant can apply for registration of the new company by filing the required forms (that is Form 1, 18 and 32) within 60 days of name approval

5.Arrange for the drafting of the memorandum and articles of association by the solicitors, vetting of the same by ROC and printing of the same.

6.Arrange for stamping of the memorandum and articles with the appropriate stamp duty.

7.Get the Memorandum and the Articles signed by at least two subscribers in his/her own hand, his/her father's name, occupation, address and the number of shares subscribed for and witnessed by at least one person.

8.Ensure that the Memorandum and Article is dated on a date after the date of stamping.

9.Login to the portal and fill the following forms and attach the mandatory documents listed in the e-form. That is

a)Declaration of Compliance - Form 1
b)Notice of situation of registered office of the company - Form 18
c)Particulars of Director(S) , Manager, Secretary - Form 32

10.Submit the following eForms after attaching the digital signature, pay the requisite filing and registration fees and send the physical copy of Memorandum and Article of Association to the ROC

11.After processing of the Form is complete and Corporate Identity is generated obtain Certificate of Incorporation from ROC.

******For public ltd. co. and producer co. there are additional things to be taken care of.

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