Procedure to incorporate a drug pharma?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 August 2013
what is the procedure to start a drug pharma & get the new medicines registered which are going to be launched in the city?
29 August 2013
Hi
Firstly you incorporate a private or public company with an objects to start pharma company.
For this you should have the main object of Pharma co.
After incorporation you will get pharma licence authority.
Firstly you incorporate a private or public company with an objects to start pharma company.
For this you should have the main object of Pharma co.
After incorporation you will get pharma licence authority.
29 August 2013
Main objects of Pharmaceutical Company
1. To manufacture, formulate, process, develop, refine, import, export, wholesale and/or retail trade all kinds of pharmaceuticals, antibiotics, drugs, medicines, biologicals, neutraceuticals, healthcare, ayurvedic and dietary supplement products, medicinal preparations, vaccines, chemicals, chemical products, dry salters, mineral waters, wines, cordials, liquors, soups, broths and other restoratives or foods and also to deal in medicinal goods such as surgical instruments, contraceptives, photographic goods, oils, perfumes, cosmetics, patent medicines, soaps, artificial limbs, hospital requisites, proprietary medicines, veterinary medicines and tinctures extracts and to carry on the business of vialling, bottling, repacking, processing of tablets, capsules, syrups, injections, ointments, etc. and also to carry on the business of chemists, druggists, buyers, sellers, agents, distributors and stockists of all kinds of pharmaceuticals and allied products.
2. To carry on in India or abroad business of importers, merchants, general order suppliers, commission agents, representatives, distributors, royalty owner, contractors, auctioneers, indent agents, passage agents, factors, organisers, concessionaries, sale agents, sub agents, and insurance agents, in connection with the business as referred to in sub-clause (1) above.
3. To acquire, establish, run and maintain hospital(s) for the reception and treatment of persons suffering from illness, or mental defect or for the reception and treatment of persons during convalescence, or of persons requiring medical attention, or rehabilitation, to provide medical relief to the public in all branches of medical sciences by all available means, to run, own, manage, administer, Diagnostic Centres, Scan Centres, Nursing Homes, Clinics, Dispensaries, Maternity Homes, Child Welfare and Family Planning Centres, Clinical, Pathological testing laboratories, X-Ray and ECG Clinics in India and abroad, to act as Consultant and Advisors providing technical know-how, technical services and allied services for the establishment, operation and improvement of Nursing Homes, Hospitals, Clinics, Medical Institutions, Medical Centres, Diagnostics Centres and Laboratories In India and abroad, to carry out medical research by engaging in the research and development of all fields of medical sciences, and in therapies of medical treatment, so as to afford medical relief in a better way, to provide research facilities for carrying on research, basic and applied, in all systems and discipline or medical and surgical knowledge, to develop pharmacological standardization of indigenous medical plant, to encourage and discover new medical and/or surgical management of disease and affections and to investigate and make known the nature and merits of investigations and findings and research in the said field and to acquire any processes upon such terms as may seem expedient and to improve the same and undertake the manufacture of any product developed, discovered or improved and/or to give licences for the manufacture for the same to other and either to market the same or to grant licenses to other to market the same on such terms as may be deemed fit, to provide, encourage, initiate or promote facilities for the discovery, improvement or development of new method of diagnosis, understanding and treatment of diseases.
4. To establish and run health portal, web sites, medical transcription centres, data processing/computer centres, retail chains, e-commerce, and to offer wholesale, retail, e-commerce facilities, health constancy and data processing and other services that are normally offered by health portal, web sites, medical transcription centres, data processing/computer centres, retail chains, etc. to individuals, business and other type of customers and to impart training of Electronic data processing, Computer Software and Hardware, to customers and others and to carry on the business of manufacturers, producers, makers, convertors, repairers, importers, exporters, traders, buyers, sellers, retailers, wholesalers, suppliers, indenters, packers, movers, preservers, stockists, agents, sub-agents, merchants, distributors, consignors, jobbers, brokers, concessionaires or otherwise deal in computers, data processors, calculators, tabulators, machines, appliances, accessories, devices and instruments, of every kind and activation for use for industrial, commercial, scientific, medical, statistical, or any other purpose and any product or products thereof or materials, articles, software and hardware used in the operation of or otherwise in connection therewith or ancillary thereof.
Main objects of Pharmaceutical Company
1. To manufacture, formulate, process, develop, refine, import, export, wholesale and/or retail trade all kinds of pharmaceuticals, antibiotics, drugs, medicines, biologicals, neutraceuticals, healthcare, ayurvedic and dietary supplement products, medicinal preparations, vaccines, chemicals, chemical products, dry salters, mineral waters, wines, cordials, liquors, soups, broths and other restoratives or foods and also to deal in medicinal goods such as surgical instruments, contraceptives, photographic goods, oils, perfumes, cosmetics, patent medicines, soaps, artificial limbs, hospital requisites, proprietary medicines, veterinary medicines and tinctures extracts and to carry on the business of vialling, bottling, repacking, processing of tablets, capsules, syrups, injections, ointments, etc. and also to carry on the business of chemists, druggists, buyers, sellers, agents, distributors and stockists of all kinds of pharmaceuticals and allied products.
2. To carry on in India or abroad business of importers, merchants, general order suppliers, commission agents, representatives, distributors, royalty owner, contractors, auctioneers, indent agents, passage agents, factors, organisers, concessionaries, sale agents, sub agents, and insurance agents, in connection with the business as referred to in sub-clause (1) above.
3. To acquire, establish, run and maintain hospital(s) for the reception and treatment of persons suffering from illness, or mental defect or for the reception and treatment of persons during convalescence, or of persons requiring medical attention, or rehabilitation, to provide medical relief to the public in all branches of medical sciences by all available means, to run, own, manage, administer, Diagnostic Centres, Scan Centres, Nursing Homes, Clinics, Dispensaries, Maternity Homes, Child Welfare and Family Planning Centres, Clinical, Pathological testing laboratories, X-Ray and ECG Clinics in India and abroad, to act as Consultant and Advisors providing technical know-how, technical services and allied services for the establishment, operation and improvement of Nursing Homes, Hospitals, Clinics, Medical Institutions, Medical Centres, Diagnostics Centres and Laboratories In India and abroad, to carry out medical research by engaging in the research and development of all fields of medical sciences, and in therapies of medical treatment, so as to afford medical relief in a better way, to provide research facilities for carrying on research, basic and applied, in all systems and discipline or medical and surgical knowledge, to develop pharmacological standardization of indigenous medical plant, to encourage and discover new medical and/or surgical management of disease and affections and to investigate and make known the nature and merits of investigations and findings and research in the said field and to acquire any processes upon such terms as may seem expedient and to improve the same and undertake the manufacture of any product developed, discovered or improved and/or to give licences for the manufacture for the same to other and either to market the same or to grant licenses to other to market the same on such terms as may be deemed fit, to provide, encourage, initiate or promote facilities for the discovery, improvement or development of new method of diagnosis, understanding and treatment of diseases.
4. To establish and run health portal, web sites, medical transcription centres, data processing/computer centres, retail chains, e-commerce, and to offer wholesale, retail, e-commerce facilities, health constancy and data processing and other services that are normally offered by health portal, web sites, medical transcription centres, data processing/computer centres, retail chains, etc. to individuals, business and other type of customers and to impart training of Electronic data processing, Computer Software and Hardware, to customers and others and to carry on the business of manufacturers, producers, makers, convertors, repairers, importers, exporters, traders, buyers, sellers, retailers, wholesalers, suppliers, indenters, packers, movers, preservers, stockists, agents, sub-agents, merchants, distributors, consignors, jobbers, brokers, concessionaires or otherwise deal in computers, data processors, calculators, tabulators, machines, appliances, accessories, devices and instruments, of every kind and activation for use for industrial, commercial, scientific, medical, statistical, or any other purpose and any product or products thereof or materials, articles, software and hardware used in the operation of or otherwise in connection therewith or ancillary thereof.
29 August 2013
Procedural requirement for formation of new company:
1. Obtain Digital signature of one of the promoter/director
2. Obtain DIN of at least two director
3. After obtaining approved DIN file Form 1A with ROC for name availability
4. If name is available ROC give name with in 3 days from the date of assigning
5. U will print at least two MOA and AOA.
6. File Form 1, 18, and 32 with the concerned ROC with the prescribed as given in Schedule X
7. File document like MOA and AOA for correction and other formalities, if required
8. After verification of documents of incorporation, ROC generate the Company Identification Number (CIN) and issue certificate of Incorporation at the registered address of the company
Payment of fee for respective form for incorporation of Limited Ltd.
5. For Form 1A is fixed of Rs. 1000/-
6. For Form 1 u should pay as per your Authorised Capital
7. Form 18 fee is Rs. 500/-
8. Form 32 fee is Rs. 500/-
If you wanted to pay fee first of all your longing should be on MCA portal. Payment of challan will be made online through MCA Portal.
For Public Limited Company, you should have following:
-Minimum Authorised and Paid up capital should be Rs. 500000/-
-Minimum numbers of promoters/subscriber of MOA should be seven.
-Minimum number of director should be three.
Procedural requirement for formation of new company:
1. Obtain Digital signature of one of the promoter/director
2. Obtain DIN of at least two director
3. After obtaining approved DIN file Form 1A with ROC for name availability
4. If name is available ROC give name with in 3 days from the date of assigning
5. U will print at least two MOA and AOA.
6. File Form 1, 18, and 32 with the concerned ROC with the prescribed as given in Schedule X
7. File document like MOA and AOA for correction and other formalities, if required
8. After verification of documents of incorporation, ROC generate the Company Identification Number (CIN) and issue certificate of Incorporation at the registered address of the company
Payment of fee for respective form for incorporation of Limited Ltd.
5. For Form 1A is fixed of Rs. 1000/-
6. For Form 1 u should pay as per your Authorised Capital
7. Form 18 fee is Rs. 500/-
8. Form 32 fee is Rs. 500/-
If you wanted to pay fee first of all your longing should be on MCA portal. Payment of challan will be made online through MCA Portal.
For Public Limited Company, you should have following:
-Minimum Authorised and Paid up capital should be Rs. 500000/-
-Minimum numbers of promoters/subscriber of MOA should be seven.
-Minimum number of director should be three.
29 August 2013
DOCUMENTS REQUIRED FOR DIRECTOR IDENTIFICATION NUMBER (DIN)
1. 1 Passport size photo
2. ID Proof
3. Residence proof
4. Mother Name
5. Date of Birth
6. Email ID
7. PIN Code
8. Father Name
9. Phone Number
10. Copy of Pan Card
11. Declaration on Rs. 10 Stamp Paper
12. Affidavit , if any
13. Current Occupation
14. Qualifications
What are the additional information/ documents required in case of a foreign national?
Details of a valid passport should be filled in form DIN-1 and a certified copy of same should be attached with DIN application. All supporting documents including photograph should be certified by the Indian Embassy or a notary in the home country of the applicant or by the Managing Director / CEO / Company Secretary of the company registered in India, in which applicant is a director.
1. 1 Passport size photo
2. ID Proof
3. Residence proof
4. Mother Name
5. Date of Birth
6. Email ID
7. PIN Code
8. Father Name
9. Phone Number
10. Copy of Pan Card
11. Declaration on Rs. 10 Stamp Paper
12. Affidavit , if any
13. Current Occupation
14. Qualifications
What are the additional information/ documents required in case of a foreign national?
Details of a valid passport should be filled in form DIN-1 and a certified copy of same should be attached with DIN application. All supporting documents including photograph should be certified by the Indian Embassy or a notary in the home country of the applicant or by the Managing Director / CEO / Company Secretary of the company registered in India, in which applicant is a director.
29 August 2013
DOCUMENTS REQUIRED FOR DIGITAL SIGNATURE
1. 1 Passport size photo
2. ID Proof
3. Residence proof
4. Date of Birth
5. Email ID
6. PIN Code
7. Father Name
8. Phone Number
9. Copy of Pan Card
10. Office address
App documents should be self attested.
The digital signature will be available in soft (PFX file) or in USB token.
DOCUMENTS REQUIRED FOR DIGITAL SIGNATURE
1. 1 Passport size photo
2. ID Proof
3. Residence proof
4. Date of Birth
5. Email ID
6. PIN Code
7. Father Name
8. Phone Number
9. Copy of Pan Card
10. Office address
App documents should be self attested.
The digital signature will be available in soft (PFX file) or in USB token.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Change details filed in original return
- Negative liability in GSTR-3B
- Query on applicability of Small Company, CARO & IFC
- Cg on ancestral property sale distribution
- Regarding total income exceeds 1 cr
- Schedule VDA
- Applicability of GST on Paying Guest
- Treatment of professional fee to employee
- ANNUAL RETUTN
- ASSOCIATES & JOINT VENTURE NET WORTH ATTRIBUTABLE TO SHAREHOLDING AS PER LATEST AUDITED BALANCE SHE
Trending Online Classes
CAclubindia
