Online Incorporation of Companies within 24 hours
IN order to give ease to the corporate world to carry business within the country, the Ministry of Corporate Affairs has been simplifying the procedures under the Companies Act, 1956. Accordingly, to enable promoters to get their companies incorporated online within 24 hours, the incorporation procedures are being modified.
Ministry has already implemented online approval of Director's Identification Number (DIN) with effect from 12.06.2011 and names of the proposed company will also be made available online with effect from 24.07.2011. The Registrar of Companies is already issuing the digital certificate of incorporation online.
Moreover, the procedures to approve incorporation applications forms online are also being simplified and are likely to be implemented with effect from 11th August, 2011.
MOC General Circular No. , Dated: July 25, 2011