LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More


 7 Replies

Prakash Yedhula (Lawyer)     05 December 2008

 The steps to be followed for registering a private limited or a public limited company are enlisted here. 

Steps to be taken to get incorporated a private limited company:-

    • Select, in order of preference, a few suitable names, not less than four, indicative of the main objects of the company.

    • Ensure that the name does not resemble the name of any other company already registered and also does not violate the provisions of Emblems and Names (Prevention of Improper Use) Act, 1950.

    • Apply to the concerned ROC to ascertain the availability of a name in Form-1 A of the General Rules and Forms along with a fee of Rs.500/-. If the proposed name is not available apply for a fresh name on the same application.

    • Arrange for the drafting of the Memorandum and Articles of Association by the solicitors, the vetting of the same by the ROC and the printing of the same.

    • Arrange for the stamping of the Memorandum and Articles with the appropriate stamp duty.

    • Get the Memorandum and Articles signed by at least two subscribers in his own hand, his father�s name, occupation, address and the number of shares subscribed for and witnessed by atleast one person.

    • Ensure that the Memorandum and Articles are dated after the date of stamping.

    • Get the following forms duly filled up and signed:-

    • Declaration of compliance � Form-1.

    • Notice of the situation of the registered office of the company � Form-18.

    • Particulars of the Director, Manager or Secretary � Form-32.

Present the following documents to the ROC with the filing fee and the registration fee:-

    • The stamped and signed copies of the Memorandum and Articles of Association (3 copies).

    • Form-1, 18 & 32 in duplicate.

    • Any agreement referred to in the M&A.

    • Any agreement proposed to be entered into with any individual for appointment as Managing or whole time Director.

    • Name availability letter issued by the ROC.

    • Power of Attorney from the subscribers in favour of any person for making corrections on their behalf in the documents and papers filed for registration.

    • Pay the Registration and Filing Fee by Demand Draft/ Banker�s Cheque if it exceeds Rs.1000/-.

    • Obtain the Certificate of Incorporation from ROC. 

      Additional Steps to be taken for formation of a Public Limited Company

    • Consent of Directors to act as such in Form No.29.

    • Arrange for payment of application and allotment money by Directors on shares taken or agreed to be taken.

    • File the Statement in Lieu of Prospectus with the ROC in schedule-iv of the Companies Act.

    • File a declaration in Form-20 duly signed by one of the Directors.

    • Obtain the Certificate of Commencement of Business.


Tribhuwan Pandey (Advocate)     05 December 2008

Thanks  to Mr. Y.Prakash no additional  reply is required.

amit (Legal Counsel)     06 December 2008

excellent informatio.

Shree. ( Advocate.)     06 December 2008

Dear Pinak Sharma,

Company registration is a contry specific process and therefore you need to approach the local registrar. To float shares in public, there are lots of legal and/or finacial requirements that you may need to meet. For example, minimum authorised capital, minimum initial number of share holders, appointment at specific posts like company secretary, etc. As long as you hold over 50% share you will stay in control of the company. Therefore, you should never dilute your equity below 51%.

Hope Mr.Pandey Sir,accept my point and it too useful.


I also do agree with Mr. Y. Parkash. He is absolutely right.

kumar sachin (lawyer)     06 December 2008

me tooooo

nigsort (hr)     28 February 2012

According to me you you have to go for a company house to register your company. You can also hire a agent for company registration or you can go for online company registreation. which is also so easy, its also saves your time.

Company registration in Nigeria | Corporate Affairs Nigeria

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register