By : Pranjal Jain

Index STEPParticulars Private Company- Definition 1DSC 2DIN 3INC 1 4Print – MOA & AOA 5INC - 7 6INC 22 7INC 21 8DIR 12

Definition of Private Company Section 2(68) Restricts the right to transfer its shares Limits the number of its members to 200. (From 50 to 200) Prohibits any invitation to the public to subscribe for any securities of the company Can only Accept deposits from its members (earlier it was members, directors and their relatives).

Get a DSC for the proposed directors of the Company STEP – 1

Get DIN Number for the directors STEP – 2

Form – DIN

STEP – 3 Fill form INC 1 for Reservation of Name

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STEP -4 Name is approved by MCA Signed by the first directors and promoters. (Note: Stamp Value is required to be paid for MOA/AOA) Get the Memorandum and the articles of the Company printed

STEP – 5 Form INC 7 (Other than OPC) All the attachments which are required are: MOA AOA INC-8 (Declaration by a CA/CS/ICWA/Advocate) INC 9 (Affidavit by Directors) INC 10 (Details and authorization of subscribers to memorandum) Form INC 7 (Other than OPC) All the attachments which are required are: MOA AOA INC-8 (Declaration by a CA/CS/ICWA/Advocate) INC 9 (Affidavit by Directors) INC 10 (Details and authorization of subscribers to memorandum)

STEP – 6 Form INC 22 Notice of situation of situation of registered office. Note it has to be authorized by a CA/CS Form INC 22 Notice of situation of situation of registered office. Note it has to be authorized by a CA/CS

STEP – 7 Form INC 21 Now there is a new requirement for filing Form INC 21 for commencement of business by Private Companies as well. After filing this form only, a private company can commence its business Form INC 21 Now there is a new requirement for filing Form INC 21 for commencement of business by Private Companies as well. After filing this form only, a private company can commence its business

STEP – 8 Form DIR 12 Form DIR 12 has to be filed once the COI is received regarding the appointment of first directors and management of the Company Return of Appointment will also be filed – Form MR.1 Form DIR 12 Form DIR 12 has to be filed once the COI is received regarding the appointment of first directors and management of the Company Return of Appointment will also be filed – Form MR.1

Disclaimer This PPT is for your ready reference. You are kindly request to go through the provisions of the Companies Act, 2013 before any compliance. Forms attached in this ppt are just for your reference. Also you are kindly requested to download forms from MCA

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