close

 

19 License Under Section 8 for New Companies With Charitable Objects etc.-

(1) A person or an association of persons (hereinafter referred to in this rule as “the proposed company”), desirous of incorporating a company with limited liability under sub-section (1) of section 8 without the addition to its name of the word “Limited”, or as the case may be, the words “Private Limited”, shall make an application in 4,5[SPICe+ (Simplified Proforma for Incorporating company Electronically Plus: INC-32)] along with the fee as provided in the Companies (Registration offices and fees) Rules, 2014 to the Registrar for a license under sub-section (1) of section 8.

(2) The memorandum of association of the proposed company shall be in Form No.INC.13.

(3) The application under sub-rule (1) shall be accompanied by the following documents, namely:—

(a) 2[the memorandum] and articles of association of the proposed company;

(b) the declaration in Form No.INC.14 by an Advocate, a Chartered Accountant, Cost Accountant or Company Secretary in practice, that 3[the memorandum] and articles of association have been drawn up in conformity with the provisions of section 8 and rules made thereunder and that all the requirements of the Act and the rules made thereunder relating to registration of the company under section 8 and matters incidental or supplemental thereto have been complied with;

(c) an estimate of the future annual income and expenditure of the company for next three years, specifying the sources of the income and the objects of the expenditure;

(d) the declaration by each of the persons making the application in Form No. INC.15.

 

Amendment

1.  Substituted by the Companies (Incorporation) 6th Amendment Rules, 2019   Amendment Effective from 15th August 2019.

in sub-rule (1),for the word and figures

Form No.INC.12

the following shall be substituted namely,

Form No.INC-32(SPICe).

2.  Substituted by the Companies (Incorporation) 6th Amendment Rules, 2019   Amendment Effective from 15th August 2019.

in sub-rule (3), clause (a)

the draft memorandum

the following shall be substituted namely,

the memorandum.

3.  Substituted by the Companies (Incorporation) 6th Amendment Rules, 2019   Amendment Effective from 15th August 2019.

in sub-rule (3), clause (b)

the draft memorandum

the following shall be substituted namely,

the memorandum.

4.  Substituted by The Companies (lncorporation) Amendment Rules, 2020 Dated 06th February,2020 Amendment Effective from 15th February, 2020.

in rule 19 sub-rule 1, for the words and figures '1[Form No INC-32(SPlCe)]' the words and figures 'SPICe+ (Simplified Proforma for Incorporating company Electronically Plus: INC-32)' shall be substituted.

5.  Substituted by The Companies (Incorporation) Amendment Rules, 2020. Dated 18.02.2020  Amendement Effective From 23.02.2020

in rule 19 sub-rule 1, for the words and figures '1[Form No INC-32(SPlCe)]' the words and figures 'SPICe+ (Simplified Proforma for Incorporating company Electronically Plus: INC-32)' shall be substituted.