12 September 2014
the registerar market my inc 7 for resubmission by stating the following points:-
1) MOA/AOA to be drafted in accordance with the schedule -1 table A and F respectively and subs. page of moa/aoa to be given as per rule 13 (1). 2)declaration from first director / promoter regarding public deposit with the applicable provisions of companies act 2013 RBI ACT 1934 AND SEBI ACT 1992and rules/ directions/regulations made thereunder.
Please anyone help me to understand the above points. Email. mangatkuljeetsingh@gmail.com
22 July 2025
Sure! Hereโs a clear explanation of the points raised by the Registrar regarding your INC-7 (Incorporation application) resubmission:
1) MOA/AOA to be drafted as per Schedule I Table A and F & Submission of Subscription Pages as per Rule 13(1) Schedule I of the Companies Act, 2013 contains model Memorandum of Association (MoA) and Articles of Association (AoA).
Table A relates to a model AoA for Private Limited Companies.
Table F relates to a model AoA for One Person Companies.
The Registrar is asking you to draft your MoA and AoA in line with these model templates (Schedule I Table A for Private Limited, Table F for OPC).
Also, subscription pages (pages where subscribers to MoA sign) should be submitted separately as per Rule 13(1) of the Companies (Incorporation) Rules, 2014.
Basically, ensure that your MoA and AoA follow the prescribed format and are cleanly presented, with subscriber details attached separately.
2) Declaration from first director/promoter regarding public deposits with reference to Companies Act 2013, RBI Act 1934 & SEBI Act 1992 The Registrar wants a declaration from the first director or promoter about whether the company will accept public deposits.
This declaration should mention compliance with applicable laws:
Companies Act, 2013 (especially sections related to deposits)
Reserve Bank of India Act, 1934 (if applicable, for NBFCs or financial companies)
SEBI Act, 1992 (in case the company deals with securities)
And any rules, directions or regulations under these Acts.
This is a standard compliance requirement to ensure promoters confirm that the company will not accept deposits unless compliant with applicable laws.