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Incorporation of Section 8 Companies through SPICe

MCA by Companies (Incorporation) 6th Amendment Rules, 2019 dated 7th June, 2019 has amended the incorporation rules for incorporation of Section 8 Companies. The rules will be effective from 15th August, 2019.

As per the amended rules, application for incorporation of Section 8 Company along with application for license for such Company will now be submitted in Form INC-32 (SPICe). However, application for Section 8 license for an existing Section 8 Company will continue to be in Form INC-12.

Currently, the power to grant license to Section 8 Company is with Registrar of Companies (ROC). Post this amendment, this power will go into the hands of Central Registration Center (CRC).

The detailed notification is available at below link

Incorporation_Rules_07062019

 

 

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eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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