Name Approval in Form INC-1- Application for reservation of name for section 8 company can be made to MCA.
Name of the proposed Company and its significance. (Maximum 6 names in order of preference.)
Name of Proposed Directors.
Name of Promoters/Shareholders.
Proposed Authorised & Paid-up share capital.
Proposed main object of the Company.
Obtaining of License by filing E-Form INC-12- A license must be obtained prior to incorporation.
Memorandum & Articles of Association of the proposed company;
A declaration confirming the application by a Company Secretary in Practice on the Non – Judicial stamp paper of prescribed value;
List of names, descriptions, addresses & occupation of the promoters as well as Board Members of the proposed company;
A statement showing details of assets and liabilities of the company as on date with the application;
An estimate of future annual income and expenditure of the proposed company, specifying the source of income and object of expenditure;
A statement giving brief description of work, if any, already done by the association;
A statement specifying briefly the grounds on which the application is made;
A declaration in prescribed form on non – judicial stamp paper by each person making an application.
Important Points to be noted:
Minimum two shareholders;
Minimum two Directors (Directors and shareholders can be same person);
At least one Director shall be resident in India;
No Minimum capital required;
Income-tax PAN is a mandatory requirement in case of Indian nationals;
Any one of the Identity Proof (Voter ID/Aadhar Card/Driving License/Passport); Passport is mandatory requirement for proof of identity in case of foreign nationals;
Any one Proof of Residence (Electricity Bill/Telephone Bill/Mobile Bill/Bank Statement);
Registered Office address proof (rent agreement along with latest rent receipt and copy of latest utility bill in the name of landlord and a no objection certificate from the owner of the premises, in case the premises are rented);
In case the premises are owned bxy a Director and Promoters, any documents establishing the ownership such as Sale Deed/House Tax receipt etc along with the no objection certificate.