Final submission to register your company

By now, if you have followed all the process to register your company you will have finished with quite a few things. You decided you wanted a Private Limited company. You got your DIN (Director Identification Number) and your Digital Signature. You have already received your confirmation for the name you chose for your company. Also, you drafted your MoA and AoA, of course with the proper legal advice. You have shelled out some money for stamp duty and registration fees. Finally, you are ready to give the last step and soon afterwards get your Incorporation Certificate for your newly approved Private Limited Company.

The last step is to submit form 1, form 18 and form 32. Of course, this will go along with the MoA, AoA and all the colourful rubber stamps you got in your papers at the time of the stamp duty and paying the registration fees.

• Form 1: Application and declaration for incorporation of a company.
  
• Form 18: Notice of situation or change of situation of registered office.
  
• Form 32: Particulars of appointment of managing director, directors, manager and secretary and the changes among them or consent of candidate to act as a managing director or director or manager or secretary of a company and/or undertaking to take and pay for qualification shares.

There are just a few things to take care while doing this.

First, that they are quite important forms for the future. For instance, when you want to open a bank account or do a similar procedure, you will be asked for copy of these forms (at least 18 and 32).

The other issues, since by this time you will be doing it with legal advice you need not worry much about it. But they are such as making sure you have the latest form, etc.

As usual, I like to tell people that is important you get to know about those things before meeting your CS (Company Secretary) so that the meeting is much more efficient and you are somehow in the same "frequency". Thus, it is better if you try downloading those forms and read what all information they ask for there. You can get them from the MCA website.

Ethics and business

I firmly believe that ethics and morality go before business, any time, even if at times it may be difficult.

If you had visited my blog earlier, you may have noticed there was a video at the bottom. It came from an application which gave an advertisement and then a video from a "channel". For my blog I had chosen Times Now, the TV news channel, because it had interesting news and some pieces about culture or Indian cooking I thought could be interesting for the readers as well.

But a few days ago I received an e-mail from a reader telling me the video being shown was a little "off", meaning immoral. I wrote to the providers asking them not to publish such videos but it seems it was not possible. I thought of giving it a few days...

This morning, when I opened my blog to see a comment which had been posted, I found another video which I thought was not apt for all public... I have removed the widget. It's a pity because there were also interesting news, and in theory I was earning some Rupees through that advertising (perhaps after 10 years I would have been able to buy a new keyboard out of that money!). Goodbye videos on my blog!

Talking about Business Ethics, perhaps you would like to visit and subscribe to this other blog. I subscribed a few weeks ago and seems to be good stuff: Business Ethics Blog, by Chris MacDonald.

Sorry for the pause in posts about the legal process, but the last two posts have come out somehow spontaneously. Next post will be about the forms 1, 18 and 32.