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.

Comments

Popular posts from this blog

Benefits of incorporating NBFC - tradecareer.

What are the types of NBFC - tradecareer.

The SEBI - securities & exchange board of india.,tradecareer.blogspot.com