Incorporation of Private Limited Company

Features of Private Limited Company:

Separate Legal Existence
Annual General Meeting – Only a private limited company can dispense as soon as obligations to part an annual general meeting
Share Capital Limits – No minimum or maximum share capital requirements.
Minimum number of Members: 2; Maximum number of Members: 200
Minimum Capital: Nil {omitted by Companies (Amendment) Act, 2015}
Limited Liability
Minimum number of Directors: 2
Foreign investment allowed (subject to material Sectoral Cap according to FDI rules)
Continuity of presence: matter not influenced by the status of the supervisor.
Procedure for Incorporation of private Limited Company

Obtain Digital Signature Certificate (DSC) for the proposed Director not having DSC;
Obtain Directors Identification Number (DIN) for proposed Director not applying appropriately as to have DIN to Ministry of Corporate Affairs (MCA) in Form DIR-3;
Requirement for Form DIR-3:

Identity Proof: Copy of PAN Card (Income Tax Permanent Account Number (PAN) is mandatory if there should be an occurrence of Indian National and in such cases applicant details should be as per Income tax PAN)
Address Proof: Copy of Passport or Election/Voter ID or Ration Card or Driving own going on (location having stick code) or Electricity/phone (Utilities) relation or AADHAR Card. This ought to be “Name of Applicant” just and it ought not be more usual than 2 months from the date of documenting of the e-from.
Photograph (latest Passport Size in JPG format)
*Current Occupation
*Email Address of the Applicant
*Mobile/Cell Number
*Educational qualification
*Verification to be signed by the Applicant.
Apply for Reservation of Name in Form INC-1 along also the prescribed fees.

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After getting publicize acclamation from MCA you habit to apply for sanction of inclusion. There are 3 forms which are required to be uploaded:-

Form INC – 7
Form INC – 22
Form DIR – 12
Requirement for Form INC-7, Form INC-22, Form DIR-12:

Memorandum of Association (MOA) & Articles of Association (AOA).
INC-8 duly notarized
INC-9 duly notarized
INC-10 for that gloss avowed by Banker or legally certified
Affidavit for non – acknowledgment of exaggeration
Full ablaze of Police Station under whose jurisdiction the registered office is situated.
Utility Bill (not older than two months) of the registered office premise
Conveyance/Lease triumph/Rent Agreement
NOC from the governor of the premise, if tackled lease
Form DIR-2
Directors Directorship points of saintly luck interest in exchange Companies/LLPs, if any.
Form INC-7: Form INC-7 for Application for doings of a company.
Form INC-22: Notice of touch or regulate of matter of registered office based regarding the choice fixed in Form INC-7. Form INC-22 is to be filed within 30 days from the date of Incorporation of Pvt Ltd company
Form DIR-12: Particulars of succession of directors and the key managerial personnel and the changes together together in the midst of them.
On scrutinize and laboratory analysis of the in the in the previously declared forms, the concerned Registrar of Companies (ROC) might issue Certificate of Incorporation of Company along past than the Corporate Identification Number (CIN).

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