Form 1a for MCA 21 filling doubts

Pratik K (Student) (3406 Points)
Replied 08 March 2009

Originally posted by :Rajbajaj
"	Hi All, I am new to this forum and I have started filling forms to start my new software based services and training company. I am actually planning to start a company which can give consultancy services of software and at the same time can impart trainings. I have two DIN's for two board of directors. I have applied for the digital signature as well but while filling a form 1 a , I am being hit by many doubts which are as follows:- Point 3c in the form gives three options for private i.e company limited by shares, company limited by guarantee, unlimited company. I am in a delima which to use. If I have to start limited by shares do i need to do some activity for designing shares etc. point 4 whether the company proposed --- having shared capital or not having share capital. I appreciate all your answers. I am new to this activity so I will appreciate all your replies. Regards Raj	"

Kumar (Legal Consultant) (358 Points)
Replied 09 March 2009

Dear Mr.Bajaj,

It is advisible that you should first obtained proper DIN & DSC.

Reply to your doubts are as follows:

1.Read the instruction given with form 1A carefully.If you wish to incorporate Private Limited Company then you to click the cloumn appropriately.

2.Depending upon your selection whether you want to incorporate private limited or public limited company.In both circumstances you have to select company limited by shares.

For your easy reference please find below the guidlines:

For obtaining a name approval of the proposed company, first an application in Form No.1A needs to be filed, properly filled, with the Registrar of Companies (ROC) online through Digital Signature of any one of the proposed director. Details to be furnished are as given below:

Alternative names of the proposed company in priority sequence. The names can be the coined name from the objects of the proposed company or even the name of the directors, and of such kind. Whatever be the case, it should be indicative of the main object of the proposed company. The name justification is required to be specified along with the application.

Names and addresses of the promoters are to be mentioned. (for Public Company it is minimum 7 and for Private Company it is 2).

Authorized Capital and main objects of the proposed company are to be mentioned.

Names of other group companies in which directors hold directorship has also to be given.

The ROC scrutinizes the application after receiving and within 3 to 4 days sends the approval or objections to the applicant through e-mail.

Hope the above explanation will help you.

Regards,

LAXMIKANT JAIPURKAR (Practicing Company Secretary/Tax Consultant) (403 Points)
Replied 10 March 2009

Dear Rajbajaj,

In my opinion, you should not file the form 1A or any companies act forms as it requires the utmost skills which a Company Secretary/CA or CWA has and it is not the work of mere technical person which want to run the software company/training centre. If a 1A is rejected it requires to pay Rs. 500/- additional for another form (after ending of resubmission chance). The 1A also has some other critical issues.

We welcome in this forum but, frankly speaking you should not file the legal forms. However, you may carry the Digital signature work. Sorry to say you no, but it will be beneficier for you for the longer other yourself and your clients will suffer the setbacks.

Rajbajaj (Consultant) (49 Points)
Replied 15 March 2009

Dear Laxmikant,

Thanks for your feedback.I had actually started this process because I came to knowe-filling was actually starte with a objective that general people can even file ROC etc. Thanks for your feedback .

Regards

Rahul

R

romick (proprietor) (22 Points)
Replied 26 December 2009

I want to know the whole procedure to file a return with ROC !!!!!!!!!!!!

ANIL A MALAVADE (Student ) (133 Points)
Replied 15 January 2010

then How you ill register the company's name in the R O C it is mandatory field where we use to follow. in the same manner me to have one comment, want to share with u, there is no need to file form 32 and DIN 3 both ill be one and the same, dont know why we suppose to file bothe the forms