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    Incorporation of public company

    Posted By : Ekta / Published on : 27-Jul-2019 05:23 AM / View : 677 / Comment : 1

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    Dear All,

    Good Morning!

    Please Tell me what are requirements we need for the Incorporation of Public Limited Company And Requirements and documentation for name Approval of Public Limited Company.
    Read more on : company public incorporation

    • The requirements and documentation for the incorporation of a Public Limited Company in India are as follows:

      1. Minimum requirements: A minimum of 7 shareholders and 3 directors are required to incorporate a public limited company in India.

      2. Digital Signature Certificate (DSC): DSC is required for all the proposed directors of the company. It can be obtained from certified agencies.

      3. Director Identification Number (DIN): DIN is a unique identification number allotted to each director of the company. It can be obtained online along with Incorporation forms only.

      4. Name approval: An application for name approval of the proposed company is to be filed with the Registrar of Companies (ROC) along with the prescribed fee in Form Spice Part-A (Reserve Unique Name).

      5. Memorandum of Association (MOA) and Articles of Association (AOA): e-MOA and e-AOA are the two most important documents required for incorporation. MOA contains the main objectives of the company while AOA contains the rules and regulations governing the company.

      6. Incorporation documents: Various documents such as Form SPICe (Simplified Proforma for Incorporating Company Electronically), Form DIR-12 (Particulars of appointment of directors and the key managerial personnel and the changes among them), and Form INC-9 (Declaration of compliance with the requirements of the Act and the Rules), Agile are required to be filed along with.

      The requirements and documentation for name approval of a Public Limited Company in India are as follows:

      1. Proposed names: The company needs to provide at least 2 proposed names for approval to the CRC in order of preference.

      2. Name guidelines: The proposed name should adhere to the guidelines provided by the Ministry of Corporate Affairs (MCA) and should not be similar to any existing company or trademark.

      3. Form Part a SPICE: The company needs to file web based Spice Part-A with the CRC along with the prescribed fee for name approval.

      4. Name availability: The ROC will verify the proposed name and check its availability. If the name is available and meets all the guidelines, it will be approved.

      5. Name reservation: Once the proposed name is approved, it will be reserved for a period of 20 days. The company needs to complete the incorporation process within this period, failing which it needs to apply for name approval again.

      It is important to note that the requirements and documentation for incorporation and name approval may vary depending on the specific circumstances of the company and the state in which it is being incorporated.

      31-03-2023 / 10:54:26 AM
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