IndianCAs: Company Incorporation- 1 Day

 

 General Circular No. 6/2011

F.No. 17/56/2011-CL-V

Government of India

Ministry of Corporate Affairs

  5

^th Floor, A Wing, Shastri Bhavan

Dr. R.P. Road, New Delhi-110001

Dated 8

th March, 2011

To

All Regional Directors

All Registrar of Companies

All Official Liquidators

Sub: Process of incorporation of Companies ( Form-1) and establishment of principal place of business in India by Foreign Companies ( Form-44) – Procedure simplified.

Sir,

I am directed to inform that Ministry has received various representations regarding time taken by the Registrar of Companies for registration of Form-1 and Form-44.

The Ministry has got the issue examined by Business Process Re-engineering Group under MCA-21 and in order to speed up and simplify the process of incorporation of Companies and establishment of principal place of business in India by Foreign Companies for reduction in time taken by Registrar of Companies, the below mentioned procedure have been recommended :

1. Only Form-1 shall be approved by the RoC Office. Form 18 and 32 shall be processed by the system online.

2. There shall be one more category, i.e., Incorporation Forms ( Form 1A, Form 37, 39, 44 and 68) which will have the highest priority for approval.

3. Average time taken for incorporation of company should be reduced to one (1) day only.

4. A Notification to notify minor changes in e-forms 18 and 32 to enable them to be taken on record through STP mode for aforesaid procedure is being issued separately.

Yours faithfully,

(Seema Rath)

Assistant Director (Inspection)

Tele : 011-23387263

| Ashwin Nagar | FCA and SAP-FICO\SEM-BCS |

Success is not permanent and failure is not final

 

Facebook : http://www.facebook.com/ashwinnagar

Twitter      : http://twitter.com/ashwinnagar

Orkut        : http://www.orkut.co.in/Main#Profile?uid=18246210461112749074

Linkedin    : http://in.linkedin.com/in/ashwinnagar

__._,_.___

Reply to sender | Reply to group | Reply via web post | Start a New Topic

Messages in this topic (1)

Recent Activity:

• New Members 36

Visit Your Group

We are on Facebook, join:
http://www.facebook.com/?filter=app_2361831622#!/group.php?gid=144654990478&ref=nf
***************************************************************************
Please visit the blog of IndianCAs and Express yourself by writing your comments by clicking on the link below:
http://indiancas.blogspot.com/
***************************************************************************
Hi! I have created an sms group for the benefit of members of IndianCAs. I will be sending regular updates, good quotes.If you wish to subscribe to this group, send following sms to 9870807070

ON IndianCAs

You will receive an sms from group. Just reply the message by writing:
Agree
And you will be the member of my SMS group IndianCAs.You can unsubscribe at any point of time by sendin an sms Off IndianCAs. There is no charge for receiving sms. So  let's Go Mobile.
*************************************************************************
Note: All messages posted by members including me on this group are sent in their personal capacity. No official position held anywhere by them have nothing to do with this email group. The group does   not accept any responsibility with regards to accuracy or the mistakes in the material circulated on this group. Please confirm from your independent source before using the information or material posted on this group.
*************************************************************************
Further, your attention is invited:

The messages on this group are approved only when the moderator finds it of immense importance to the members at general, otherwise, this group is not used for discussion or as discussion forum.

Switch to: Text-Only, Daily Digest • Unsubscribe • Terms of Use

.

__,_._,___