Format of declaration for non acceptance of deposits

punit padalia (Own practice) (77 Points)

10 May 2013  

hello everyone,

i had applied for the incorporation of a pvt ltd co., the Form1 got rejected for resubmission.

the reason is that they require a Declaration/Affidavits from subscribers/first directors first at the time of incorporation and from directors, to the effect that 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 there under as per Ministry's circular No. 01/2013 vide letter No. 17/118/2012/CL.V dated 19.03.2013.

so kindly request if any one have the format for the same please mail me on pntpadalia @

thanks in advance.