{"id":75,"date":"2016-04-22T07:40:23","date_gmt":"2016-04-22T07:40:23","guid":{"rendered":"http:\/\/corpstore.in\/blog\/?p=75"},"modified":"2016-04-22T08:53:54","modified_gmt":"2016-04-22T08:53:54","slug":"licence-issued-new-company-charitable-objects","status":"publish","type":"post","link":"https:\/\/www.corpstore.in\/blog\/licence-issued-new-company-charitable-objects\/","title":{"rendered":"A licence issued for a new company for charitable objects"},"content":{"rendered":"

A licence issued for a new company<\/em> for charitable objects of the word\u00a0 to its name “Limited<\/strong>” or the words “Private Limited”<\/strong>. Under the incorporation rules 2014.<\/p>\n

\"licence<\/p>\n

A licence issued for a new company<\/h2>\n

1.Prepare the draft memorandum and articles of association as per form rule 19(2) of the companies incorporation rules 2014. <\/a><\/p>\n

2.Do not get them printed before they are vetted by the regional director.<\/p>\n

3.Make an application to the registrar electronically in the prescribed e-Form INC-12. To whom the central government has delegated power, requesting for issue of a license under section 8<\/strong> for registration of a company.<\/strong> The company<\/em> without the component of the word\u00a0to its name\u00a0 may be “Limited<\/strong>” or the words “Private Limited”.<\/strong><\/p>\n

4. The application in the prescribed e-Form INC-12 should be accompanied by the following attachments<\/a> with the e-Form filed in electronic mode.<\/p>\n

(i)\u00a0 the articles of association and the draft memorandum of the proposed company.<\/p>\n

(ii) A statement in Form No.INC-14 on non-judicial<\/span> stamp paper of the registry<\/span> value by an advocate<\/span>. A company have their cost accountant, chartered accountant or company secretary in their company<\/strong> work. The articles of association and the draft memorandum have been drawn up<\/a> in formality with the conditions of section 8.<\/strong> The duty of all of the acts<\/span>. The regulations made there under associating to registration of the company.<\/strong><\/p>\n

(iii) An disbursal of the company<\/em> and\u00a0 approximate of the future annual income for next three years. It specifies<\/span> the root of the income. The formations of the expenditure.<\/p>\n

(iv) The statement by each of the persons having the application in Form No. INC-15.<\/p>\n

5. The fee for making the application to the registrar is Rs. 2,000. It is paid only in online. ( companies registration offices and fees rules 2014).<\/strong><\/p>\n

6. <\/span>The company<\/em> is necessary to issue a notice in Form No. INC-26 at his own cost. It is published in vernacular newspaper in the principal vernacular language of the region.<\/a> The registered office in Coimbatore, Salem, Madurai and Chennai.<\/strong> It should also be published in any English newspaper<\/span>.<\/p>\n

7. The departmental instructions regarding the procedure<\/span> to be followed in processing application must be observe<\/p>\n

\"company<\/p>\n

8. The registrar, after considering the complaints. If any, within thirty days from the date of the issue of notice. Then referring any regulatory body, authority, department or ministry of state government<\/a> or central government. It is discretion, regulate whether the license should or should not grant<\/span>.<\/p>\n

9. The licence contains in<\/span> Form No. INC-17. The registrar shall have the rights <\/span>to contain such other conditions as may be deemed necessary by him. The rules 2014 of (Company<\/span> registration offices and fees).<\/em><\/p>\n

10. The licence so granted shall. However, be revocable by the central government with the company’s right of being heard. The registrar is given the copy of order.<\/a> ( Section 8 of the company act 2013<\/strong>).<\/p>\n

11.After obtaining the license, get the memorandum and articles of association. It is approved by the registrar. The registrar see such conditions of the license<\/span> issued by the registrar. It is received by the director of the company<\/strong>. The rules 2014 of (Company<\/span> registration offices and fees<\/strong>).<\/p>\n

12. Prepare and line up all other forms and papers. Which are necessary to be registered with the ROC along with the MOA and AOA. <\/a>In case of a public limited company<\/strong> as specified in (the act 2014 of company registration rules<\/strong>). In case of a private limited company<\/strong> without having the MOA and AOA stamped. Since stamping is exempted under the Indian Stamps Act 1899.<\/p>\n

13. Register electronically Form No. INC-29 or Form No. INC-7 with other required documents. The memorandum and articles of association, predication of<\/span> professional in Form No. INC-8, affidavits from subscribers and first directors in Form No. INC-9.<\/a> Particulars of first directors and their consent in Form No. DIR-12 and all other papers. It contains the ROC as attachments with necessary registration<\/strong>. The registered fees as served by<\/span> the company (Registration offices and Fees)<\/strong> Rules 2014.<\/p>\n

14.The ROC, on having made the necessary scrutiny and corrections. It will issue the certificate of incorporation in form no.INC-11(Registration offices and Fees<\/strong>) Rules 2014. The company<\/em> will come into being from the date thereof, the words “Private Limited<\/strong>” or “Public Limited<\/strong>” as the case may be without .<\/p>\n

A licence issued to an existing limited company for charitable<\/h3>\n

A company<\/strong> which is registered under the companies act 2013. Under any previous company<\/strong> law. Which has been formed by objects specified in section 8 (1). The restrictions and prohibitions as mentioned in clause (b) and (c)<\/a> of section 8<\/strong> of the 2013 act. If any other company<\/strong> having different objects can make an application for grant of licence under section 8 (5) of the 2013 act.<\/p>\n

\"company-registration-coimbatore\"<\/p>\n

1. <\/span>Change the memorandum and articles of association to bring them into<\/span> conformity with the provisions of section 8 (1) of the 2013 act.<\/p>\n

2. Register an application in Form No. INC-12 with the following documents :<\/p>\n

(i) The articles and memorandum of association.<\/p>\n

(ii) A declaration in Form No.INC-14 on non-judicial<\/span> stamp paper of the registry<\/span> value by an advocate<\/span>. A company<\/strong> have their cost accountant, chartered accountant or company secretary in their company<\/em> work. The articles of association and the draft memorandum have been drawn up<\/a> in formality with the conditions of section 8. The duty of all of the acts<\/span>. The regulations made there under associating to registration of the company. <\/strong> The rules 2014 of (Company<\/span> registration offices and fees<\/strong>).<\/p>\n

(iii) For each of the two financial years instantly above the date of the application. When the company<\/strong> has used only for one financial year, for such year<\/p>\n