Procedure for Registration of Section 8 Company - tradecareer
Procedure for Registration of Section 8 Company
1) Obtaining Digital Signature Certificate (DSC) & Directors Identification
Number (DIN)
Obtain the DSC of the persons who wish to be Directors in Sec 8 Company. File
Form DIR-3 with ROC for getting the DIN.
2) Name Reservation
The promoter should apply for name reservation through RUN facility on MCA
website.
3) Draft MOA /AOA
The object clause of MOA should include promotion commerce, art, science, sports,
education, research, social welfare, religion, charity, protection of environment or
any related object.
4) Application for Obtaining License from Government
Once name is reserved, an application will be made for obtaining licence in Form
No. INC-12.
Attachment in INC-12:
=> Draft MOA as per Form INC-13
=> Draft AOA as per Form INC - 31
=> Declaration as per Form INC-14 (Declaration from Practicing CA, CS, Cost
Accountant, Advocate in practice)
=> Declaration as per Form INC-15 (Declaration from each person making
application
=> Estimated Income & Expenditure for next 3 years
5) Grant of License
Once the Form is approved, license u/s 8 will be issued in Form INC-16
6) Application for Incorporation
Composite Form SPICe (INC-32) can also be filed which deals with the single
application for reservation of name, incorporation of a new company and/or
application for allotment of DIN and/or application for PAN and TAN. This Form is
accompanied by supporting documents including details of Directors & subscribers,
MOA and AOA etc.
7) Issue of Certificate of Incorporation and Corporate Identification Number
(CIN)
If ROC is satisfied, a Certificate of Incorporation is issued which carries a CIN.
Some important points
i. For conversion of sec 8 co. into other forms, application shall be made to RD, in
form no. INC 18 and approval shall be given by RD in FORM no. INC 17.
ii. Intimation to ROC for surrender of Licence shall be given in FORM no. INC 20.
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