Companies (Incorporation) fourth Amendment Rules, 2016 to prescribe (i) Simplified Proforma for Incorporating Company Electronically (SPICE) and (ii) Conversion of a company limited by guarantee into a company limited by shares - F. No. 1/13/2013 CL-V - Companies Law
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Company incorporation rules: SPICE introduced and conversion process for companies limited by guarantee into share companies. Amendments establish SPICE (Form INC-32 with e-MOA INC-33 and e-AOA INC-34) as a simplified integrated electronic incorporation process and revise conversion procedures: filing Form INC-27 for conversions (including public to private) and a new rule permitting companies limited by guarantee to convert into companies limited by shares upon meeting share capital equivalence, passing a special resolution, filing MGT-14 and INC-27 within prescribed timelines, and obtaining Registrar approval with issuance of Form INC-11B.
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Provisions expressly mentioned in the judgment/order text.
Company incorporation rules: SPICE introduced and conversion process for companies limited by guarantee into share companies.
Amendments establish SPICE (Form INC-32 with e-MOA INC-33 and e-AOA INC-34) as a simplified integrated electronic incorporation process and revise conversion procedures: filing Form INC-27 for conversions (including public to private) and a new rule permitting companies limited by guarantee to convert into companies limited by shares upon meeting share capital equivalence, passing a special resolution, filing MGT-14 and INC-27 within prescribed timelines, and obtaining Registrar approval with issuance of Form INC-11B.
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