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of <h1>India Simplifies Company Incorporation: New Rules Replace Forms with INC-32, Streamline Application Process, Effective Jan 1, 2017.</h1> The Companies (Incorporation) Fifth Amendment Rules, 2016, issued by the Government of India, amends the Companies (Incorporation) Rules, 2014, effective January 1, 2017. Key changes include the replacement of certain forms with Form No. INC-32 (SPICe) for company incorporation, allowing electronic submission of the Memorandum and Articles of Association. The amendment simplifies the incorporation process by permitting a single application for Director Identification Numbers, name reservation, and company incorporation. It also outlines procedures for addressing application defects, limits resubmission periods, and specifies that the Certificate of Incorporation will be issued in Form No. INC-11. Several forms, including INC-2 and INC-29, are omitted.
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