I have Incorporated a new Private Limited Company.Now, I need to file Form INC-21. I feel that following should be the correct procedure (If I am incorrect please guide me with the correct procedure) :-
1. First of all, we must open a Bank Account of the Company with any Scheduled Bank.
2. Second, we should take printout of Form INC-10, fill in the required details and get the photograph and specimen signatures attested by the Banker with whom the Bank Account has been opened in the name of Company.
3. Third, The Board must pass a resolution authorizing any Director to Furnish Declaration that the Share Subscription money by the subscribers to MOA has been duly received and the paid of capital of the company is not less than Rupees One Lakh in case of Private Limited Company. Also, authorizing him to digitally sign the e form INC-21.
4. Stamp Paper in the name of Company should be attached with the E form and writing on the Stamp Paper as under :-
"ANNEXED TO AND FORMING PART OF FORM INC-21 FILED BY .....PRIVATE LIMITED FOR THE COMMENCEMENT OF BUSINESS"
and the Stamp paper should be Signed by such authorized Director.
5. Also attach copy of Bank Statement certifying receipt of subscription money in bank account of the company.
The Declaration to be furnished by the Director should be on a Stamp Paper and Value of that Stamp Paper should be in accordance with the state laws.
Now, the said Stamp paper should be addition to the one on which we have to write " ANNEXED TO AND FORMING PART OF INC-21 FILED BY ....PRIVATE LIMITED FOR THE COMMENCEMENT OF BUSINESS" or on the same Stamp Paper.
27 September 2014
Form INC 21 itself is the declaration. No more declaration is to be attached with that. Therefore, more than one stamp paper is not required.
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