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Question

Arrange the online registration process of a new private limited company in proper sequence.
A. Select and Reserve Company Name
B. Acquire DIN & DSC of promoters
C. Draft Memorandum and Articles of Association
D. Get Company Registration Certificate
E. File SPICE+ Applicaiton
Choose the correct answer from the options given below:

The correct answer is
B, A, C, E, D

Company Registration Process Sequence

To register a new private limited company online, the following steps must be performed in the correct order:

  1. Acquire DIN & DSC of promoters (B): The first step involves obtaining a Director Identification Number (DIN) for all proposed directors and a Digital Signature Certificate (DSC) for the promoters. These are essential prerequisites for filing any incorporation forms.
  2. Select and Reserve Company Name (A): After securing DIN and DSC, the promoters need to choose a unique name for the company and reserve it through the official portal to ensure availability.
  3. Draft Memorandum and Articles of Association (C): The Memorandum of Association (MoA), defining the company's objectives and scope, and the Articles of Association (AoA), outlining the internal rules and regulations, must be drafted. This is done after name reservation.
  4. File SPICE+ Application (E): The SPICE+ (Simplified Proforma for Incorporating Company Electronically Plus) form is the primary application submitted to the Registrar of Companies (RoC) for incorporation. It integrates various services and requires details from the MoA, AoA, and promoter information.
  5. Get Company Registration Certificate (D): Upon successful submission and verification of the SPICE+ form and related documents by the RoC, the Certificate of Incorporation is issued, officially establishing the company.

Therefore, the correct sequence is B, A, C, E, D.

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Important Questions from The Companies Act, 2013 - Teaching

  1. Arrange the following steps for the Incorporation of a new LLP (Limited Liability Partnership) in the correct order -
    A. Drafting of LLP Agreement
    B. Deciding the partners and designated partners
    C. Electronic filing of documents with ROC & issuing of Certificate of Incorporation by ROC (Registrar of Companies)
    D. Checking the availability of Name
    E. Obtaining DPIN & Digital Signature Certificate
    Choose the correct answer from the options given below:
  2. Which of the following section of Companies Act, 2013 deals with amalgamation, absorption and reconstruction?
  3. Which of the following is the most frequently held meeting of a company?
  4. Arrange the following process of incorporation of a new LLP in proper sequence.
    A. Reserve LLP name
    B. Procure Digital Signature Certificate
    C. Prepare documents for incorporation of LLP
    D. LLP incorporation and DIN Application
    E. Drafting and Filling LLP Agreement
    F. Apply for PAN and TAN
    Choose the correct answer from the options given below:
  5. The liquidator after realizing the assets of the company should distribute the proceeds among below mentioned claimants in which order?
    A. Liquidator's remuneration and cost of expenses of winding up.
    B. Legal charges
    C. Claims of secured creditors
    D. Preferential creditors and creditors secured by floating charges
    E. Unsecured creditors
    Choose the correct answer from the options given below:
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