Company incorporation


This query is : Resolved 

02 January 2014 My Form 1 got rejected

they want the following declairation

THE DECLARATION/AFFIDAVIT FROM THE SUBSCRIBERS/FIRST DIRECTORS TO THE EFFECT THAT THE COMPANY/DIRECTORS SHALL NOT ACCEPT DEPOSITS UNLESS IT COMPLIES WITH THE APPLICABLE PROVISIONS OF COMPANIES ACT, 1956, RBI ACT, 1934 AND SEBI ACT, 1992 AND RULES/DIRECTIONS/REGULATIONS MADE THEREUNDER2)

can any one give me the required declairation at the earliest
and let me know on how muc Rupees Stamp paper it has to be prepared

02 January 2014 AFFIDAVIT
I, (Name of Director ), Director/Subscriber of _____________ Private Limited solemnly affirm and state that the Company/Directors shall not accept deposits unless it complies with the applicable provisions of the Companies Act, 1956, RBI Act, 1934 and SEBI Act, 1992 and rules/directions/ regulations made thereunder.




(Name of Director / Subscriber )
Signed at Mumbai this ---------day of --------------, 2014


Franking of Rs 100/- plus the document should be notarised

02 January 2014 Thanks Mrs Neha

I also want to know,
ehether it will be fine if it is signed by only one of the subscriber

or it has to be signed by both the subscribers



02 January 2014 You have to make this affidavit individually for all subscribers/directors. For e.g 2 directors - 2 affidavits; 3 Directors - 3 affidavits


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