Procedure 1.
Obtain director identification number (DIN)
Time to complete:
1 day
Cost to complete:
no charge
Comment:
The process to obtain the Director Identification Number (DIN) is as follows: - Obtain the provisional DIN by filing application Form DIN-1 online. This form is on the Ministry of Corporate Affairs 21st Century (MCA 21) portal (www.mca.gov.in). The provisional DIN is immediately issued. The application form must then be printed and signed and sent for approval to the ministry by courier along with proof of identity and address. - The concerned authority verifies all the documents and, upon approval, issues a permanent DIN. The process takes about 4 weeks. - Within 30 days of receipt of the approved DIN, directors submit Form DIN-2 to the MCA with the approved number of all companies of which they hold a director position. - The above companies submit Form DIN-3 attested by the Company Secretary to the concerned Registrar of Companies (ROC).
Procedure 2.
Obtain digital signature certificate
Time to complete:
4 days
Cost to complete:
INR 400 to INR 2,650
Comment:
The digital signature certificate can be obtained from six private agencies authorized by MCA 21. To use the new electronic filing system under MCA 21, the applicant must obtain a Class-II Digital Signature Certificate. Company directors submit the prescribed application form along with proof of identity and address. Each agency has its own fee structure, ranging from INR 400 to INR 2650.
Procedure 3.
Present name of company for approval to the Registrar of Companies (ROC); Get the memorandum and articles of association vetted by the Registrar and printed
Time to complete:
2-3 days
Cost to complete:
INR 50
Comment:
Company name ...