I want to register company under section 25

Procedure:

1. Make an application in Form No. 1A, to the Registrar of Companies, for availability of the name.

2. Prepare a draft Memorandum and Articles of Association (and the Memorandum should be in the form specified in Annexure I to Company Regulations, 1956).

3. Make an application to the concerned Regional Director.

4. The application shall be accompanied by the following documents:

i) Three copies of the draft Memorandum and Articles of Association

ii) A declaration on non-judicial stamp paper by a Company Secretary in Practice to the effect that he has Memorandum and Articles have been drawn up in conformity with the provisions of the Act and that all requirements of the Act and rules have been duly complied with.

iii) 3 copies of a list of the names, descripttions, addresses and occupations of the promoters as well as members of the proposed Board of Directors.

iv) A statement showing in detail the assets (with estimated values) and liabilities of the association as on the date of application or within 7 days of that date.

v) An estimate of future annual income and expenditure of the Company, specifying the sources and objects of expenditure.

vi) A statement showing brief descripttion of the work already done, and of the work proposed to be done.

vii) A statement specifying grounds of application

viii) A declaration by each person making the application in the form set out in Annexure V.
ix) Demand Draft for Rs. 500/- in favour of ‘Pay and Accounts Officer, Department of Company Affairs’ payable at any centre where the RD office is located as per pre determined zones (or a Treasury Challan may be obtained from the specified branches of Punjab National Bank).

Note: If any document is not English or Hindi – translation thereof, in English or Hindi, certified by the Promoter or the Director.