Incorporation of company

This query is : Resolved

praveen (Querist)
Follow

07 May 2014 Affidavit filed by Director/promoter in INC 8 Affidavit printed on Non-Judicial Stamp paper or simple A-4 size paper?

bhupender soni

bhupender soni (Expert)
Follow

07 May 2014 dear affidavit always filed in non judicial stamp paper and continuation sheet is A-4 size paper

praveen

praveen (Querist)
Follow

07 May 2014 thank you soni jee, i agreed with you, further i want to know that stamp paper should be Rs.20 or Rs.50

Upgrade to CAclubindia Pro. Subscribe Now!

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
Follow

31 July 2024 The affidavit filed by the director/promoter in Form INC-8 (declaration by directors and subscribers) should be printed on non-judicial stamp paper. The value of the stamp paper varies depending on the state in India, as stamp duty is a state subject and different states have different requirements for affidavits. However, for general guidance:

1. **Affidavit on Non-Judicial Stamp Paper:**
- The affidavit should be printed on non-judicial stamp paper.
- The common denominations used for such affidavits are typically Rs. 20 or Rs. 50.

2. **Continuation Sheet:**
- If the affidavit content exceeds the space available on the stamp paper, a continuation sheet can be used. This continuation sheet can be on a simple A-4 size paper.

### Recommended Steps:

1. **Check Local Stamp Duty Requirements:**
- Verify the specific stamp duty requirements for affidavits in the state where the affidavit is being executed. This information can usually be found on the state government's official website or by consulting with a local notary or legal professional.

2. **Prepare the Affidavit:**
- Draft the affidavit on the specified non-judicial stamp paper (Rs. 20 or Rs. 50 as per local regulations).
- If additional space is required, use A-4 size paper for the continuation of the affidavit content.

3. **Notarization:**
- Get the affidavit notarized by a notary public. This adds legal authenticity to the document.

### Sample Affidavit Format:

---

**AFFIDAVIT**

(TO BE PRINTED ON NON-JUDICIAL STAMP PAPER OF RS. [20/50] AS PER LOCAL REQUIREMENTS)

I, [Name of the Director/Promoter], son/daughter of [Father's Name], aged [Age], residing at [Address], do hereby solemnly affirm and declare as follows:

1. That I am a promoter/director of the proposed company, [Name of Proposed Company].
2. That I have been duly appointed as a director/subscriber to the Memorandum of Association (MOA) of the proposed company.
3. That I have given my consent to act as a director/subscriber of the proposed company.
4. That the information provided by me in Form INC-8 is true and correct to the best of my knowledge and belief.

Place: [Place]
Date: [Date]

[Signature of Director/Promoter]

**Continuation Sheet (if required)**

[Continuation of affidavit content on A-4 size paper]

---

By following these steps and ensuring compliance with local stamp duty regulations, you can properly execute the affidavit required for Form INC-8 during the incorporation of a company.