Pending for approval under regulation 17(6)

Vijay Krishna (Business) (34 Points)

30 May 2012  

I have submitted Form 1 for incorporarion of a Pvt Ltd Co. Now my SRN status shows "Pending for approval under regulaion 17(6)". I also got a mail stating the same. What could be the problem? Should I take any action? Or should I wait?