INC 29 VS FULL PROCEDURE- ALL THE FORMS FOR INCOPORATION
Studentsca (CA Practice ) (3577 Points)
22 August 2016what are the pros and cons
Studentsca (CA Practice ) (3577 Points)
22 August 2016
Pratik Shah
(Practising Company Secretary)
(4432 Points)
Replied 22 August 2016
When Form INC-29 came, MCA has stated that MCA will take only 1-2 days to process the Form. However, since you have only one option for proposing a Name of Company, it would be problematic if MCA rejects the application to change the proposed name.
Currently, normal process is also very fast. As per my opinion, Normal procedure is better, becasue atleast you will be sure about the proposed name of Company before preparing documents for incorporation.