Policy-11/1/2017-CL-V-MCA-Part(1)

Government of India

Ministry of Corporate Affairs

5th Floor, A-Wing Shastri Bhavan,

Dr. R P Road, New Delhi - 01

Dated: 25.09.2017

OFFICE MEMORANDUM

Sub: - To invite public comments for further simplification of starting a business (name reservation and incorporation) procedure in India- reg.

The undersigned is directed to request e Gov Cell to upload and invite public comments of the stakeholders on the consultation paper (enclosed herewith) on the subject cited above. The stakeholders may be given at least 45 days' time period. Further, template and format for inviting public comments is also enclosed herewith.

2. This issues with the approval of competent authority.

Encl: As above

(Pranay Chaturvedi)

Deputy Director

23387263

To,

Shri Ashish Kushwaha, Director,

e Gov cell, MCA (Hq.)

Ministry of Corporate Affairs

NOTICE INVITING COMMENTS ON INTEGRATION OF NAME RESERVATION WITH SPICE EFORM UNDER Companies Act, 2013

Dated: 25^th September, 2017

The Consultation Paper for integration of Name Reservation with SPICE eform under Companies Act, 2013 has been placed on the Ministry's website www.mca.gov.in for suggestions/ comments.

Suggestions/ comments on the Consultation Paper along with justifications in brief may be sent latest by 05/11/2017 through email at [email protected]. It is requested that the name, contact number, email address and postal address of the sender be indicated clearly at the time of sending suggestions/comments in the following format:-

Format for sending suggestions/comments

1.  Name, contact number, email address and postal address of stakeholder

2.  Suggestions/comments as under

Serial Number

Rule Number

Suggestion/ comments

Justification

Consultation Paper for integration of Name Reservation

With SPICe eform under Companies Act 2013

During the past two years several initiatives have been taken by this Ministry including centralization of name reservation and incorporation services through establishment of Central Reservation Centre at Manesar.

SPICe form has been introduced whereby the procedures of obtaining DIN by the proposed directors, name reservation, incorporation, allotment of PAN and TAN were integrated into one service facilitating incorporation of a company, thereby enabling starting a business in a day or two, which earlier used to take substantial time. However, availing DIN allotment or name reservation services independently is also simultaneously available to cater to those stakeholders who wish to proceed with incorporation in a piecemeal manner. Suggestions are invited from stakeholders for further simplification of processes aimed at further easing the starting of a business, which may be filed online at [email protected] on or before 05/11/2017.

Date 25.9.2017

Template for Forwarding Documents for Uploading

S. No
1.	Subject			Comments invited for integration of Name Reservation with SPICe eform   under Companies Act, 2013.
2.	Date of issue of document (DD/MM/YYYY)			25.9.2017
3.	Section / Division			CL-V
4.	Name Designation of Approver			JD (CVS) JS(B)
5.	Name Designation of Contributor			DD (PC)
6.	Title of link for document to be uploaded			Comments invited for integration of Name Reservation with SPICe eform   under Companies Act, 2013.
7.	Date of uploading document (DD/MM/YYYY)			25.09.2017
8.	Section (s) of website under which document is to be uploaded			1. Notices and Circulars 2. To also reflect in the Important Notices
9.	Date of expiry/ Archival (if applicable)			05.11.2017

Submitted by: DD (PC)

Submitted Date: 25.9.2017

Integration of name reservation with SPICe eform to streamline company incorporation; public comments invited to simplify procedures. The Ministry of Corporate Affairs seeks stakeholder suggestions on proposed Name Reservation integration with SPICe eform to simplify company incorporation under the Companies Act, 2013. The consultation paper, contextualised by prior centralisation and the SPICe mechanism consolidating DIN, name reservation, incorporation, PAN and TAN allotment, invites comments with justifications via a prescribed template and contact details; independent DIN and name reservation services continue to be available for piecemeal incorporation.