Floating a company

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Is it possible to float a company in 24hrs in India ??

What is the least time needed to float a company ??

Replies (4)

Hello Tony,

 

A company cannot be floated in 24 hours.

 

Firstly.. Checking for name availability... e-form 1A it takes about 2-3 days or more to get approved.

 

Also,Form 1,18,32 which you file to incorporate a company takes minimum of five days to get approved.

Although there was circular by MCA 

 

General Circular No. 49 /2011, Dated – Dated the 23rd July, 2011


It was proposed to carry out incorporation in 24 hours based on the certification of correctness of details by CA/CS/CWA, however it has not been implemented yet.

 

Experts views are solicited.

 

Regards,

jeets

https://www.mca.gov.in/Ministry/pdf/Circular_61-2011_05sept2011.pdf

Circular from MCa, scrapping the proposal.


CCI Pro

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