MCA Enquire Fees

A Company/LLP incorporated or going to incorporate in India requires to file various forms with MCA. These forms include incorporation related forms like SPICe+, RUN as well as Compliance related forms like AOC-4, MGT-7, ADT-1, etc. Filing of these forms requires fees to be paid on MCA Portal itself.

However, the User is not aware most of the times, about the amount of the payment to be made. In this article, we will learn that how can we enquire about the fees to be made with the forms even before filing them on MCA using the ROC fee calculator.


Fees that can be enquired on MCA

One can enquire his Company or LLP related fees on MCA that needs to be paid with the Forms.

  • Name reservation fees for LLP/ Company
  • Incorporation related fees for LLP/ Company
  • Fees for the conversion of LLP/Company
  • Fees of Compliance related forms
  • Refund Form fees
  • Stamp Duty

Procedure to enquire fees on MCA

One needs to follow the below procedure to determine the fees on MCA

  1. Go to MCA Portal

    First, to enquire about the fees visit the MCA Portal.

  2. Enquire Fees

    Click on MCA Services Tab and under the Fee and payment services, select the Enquire Fees option.

  3. Fee Calculator

    A screen will appear showing the MCA Fee Calculator.
    Select Company or LLP to calculate fees.

  4. Select Form

    After clicking on the Company or LLP option, select the Form for which you want to enquire fees.

  5. Purpose

    Next, select the purpose for which you are going to file the selected form.

  6. Other Details

    Enter the other details required to calculate the fees for that particular form.

  7. Calculate Fee

    At last, click on ‘calculate fee’.
    It will show you the fee applicable.

Incorporation Fees Calculator
Use our Incorporation Fees Calculator to calculate the Incorporation fees for your Company
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Incorporation Fees Calculator
Use our Incorporation Fees Calculator to calculate the Incorporation fees for your Company
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FAQs

How can I enquire the fees of Stamp duty to be paid while filing incorporation forms for the Company?

Go to MCA Portal and Click on enquire fee under MCA Services Tab. Click on Companies and select the SPICe Form from dropdown. Select the purpose of filing. Enter the other details required to fill. At last click on Calculate fee. It will show the Stamp duty payable for the incorporation of your Company.

What is the fees for RUN Form in case of Company?

The fees for RUN Form in case of Company is Rs. 1000

What are the different modes of payment available for making MCA fee payments?

The different modes of payment available to make MCA fee payments are Debit card, Credit card, Net banking, Challan, NEFT or you can also opt to pay later for some services.

Upload linked e-forms on MCA Portal

Ministry of Corporate Affairs has introduced a new form for the incorporation of companies named SPICe+. This form has increased the significance to understand the procedure to upload linked forms. This form has five linked forms including SPICe+, Agile Pro, MoA, AoA, and INC9.

MCA defines a proper sequence while filling and uploading the linked forms. Once the forms are filled and signed by directors and professional, the User needs to upload the forms on the MCA portal. In this article, we will read learn the procedure to upload linked forms on the MCA portal.

Points to consider while uploading linked forms

  • Before uploading the e-forms, the user must ensure that the forms to upload are properly signed and dated along with consideration to system requirements prescribed by MCA.
  • However, if the user does not fulfill the above requirements, it can lead to failure to upload the forms.
  • A person can upload a maximum of 10 linked forms on MCA.
  • Furthermore, Consider the proper sequence while uploading the forms as prescribed by MCA. For example, if the case is of incorporation of a company, the sequence will be:-
    • SPICe+
    • MoA
    • AoA
    • Agile pro
    • Form INC9

Procedure to upload linked forms on MCA Portal

In case of MCA filing, the person needs to upload the forms on MCA Portal. Furthermore, uploading of linked forms on the MCA portal needs to be done through the following steps

  1. Login MCA

    Go to the MCA Portal and login into your MCA account.

  2. Select upload e-forms

    Click on MCA services. Under e-filing select the option ‘Upload e-forms’. A screen to upload forms will get displayed.

  3. Linked forms

    Click on normal forms/ Resubmission SRN as the case may be. Select linked forms.

  4. Add more linked forms

    Click on the ‘Add more linked forms’ option to add more linked forms. A User can add maximum of ten linked forms.

  5. Browse the file

    Click on Browse and select the forms that are to upload. Ensure the sequence is right while uploading the linked forms otherwise, it will show an error on upload.

  6. Upload forms

    Click on Upload to upload all the linked forms.

  7. SRN generation

    After the pre scrutiny check happens and after the successful upload, SRN will get generated for the uploaded forms. However, if there is an error in upload, MCA will show a box containing an error on the screen.

  8. Payment

    After successful upload of the forms, proceed to make payment. Once the payment is successful, the receipt will get generated.

FAQs

How many maximum linked forms can I upload on MCA?

You can upload a maximum of ten linked forms on MCA site at a time.

How will I get to know that are linked forms uploaded successfully or not?

If your forms are uploaded successfully the SRN will get generated for forms over the screen. However, if forms are not uploaded successfully, the screen will show a box showing errors in the upload.

What are the errors that MCA shows while uploading linked forms?

The common error that is shown while uploading linked forms is that linked forms are not in the proper sequence. It will also show you the sequence to be followed while uploading the linked forms. Apart from that, it will also show an error if DSC attached on the form is not registered with MCA or not affixed properly.

If I have submitted and uploaded all the linked forms of SPICe+ for the incorporation of my Company and the payment for PAN and TAN has been made while the payment for stamp duty is pending, should I consider my forms upload successful?

Once you upload the forms, SRN will get generated if there is no error. It means that the upload is successful. Then it will redirect you for payment. In your case, if PAN and TAN payment is made, it takes time sometimes for clearance of payment. You can track the SRN on MCA and can proceed further for payment of stamp duty.

SPICe+ Form Overview

The Ministry of Corporate Affairs has introduced a new form for incorporation of companies under the Ease of Doing Business (EODB) initiative. The name of the form is SPICe+ form. The full form of SPICe is Specified Proforma for Incorporating a Company Electronically.

What is SPICe+Form?

It is an integrated web form which offers 10 services at one go thereby saving time and cost as well as simplifying the process for Starting a Business in India.

This form provides the facility for incorporation of any company including Private company, OPC, Producer company, Unlimited company, Section 8 company, Nidhi company or any other company.

Private Limited Company (PLC) Registration
CA Assisted Plan specially designed to help you incorporate your PLC
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Private Limited Company (PLC) Registration
CA Assisted Plan specially designed to help you incorporate your PLC
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Features of SPICe+ Form

  • SPICe+ offers 10 services in total which we split into two parts i.e. Part A and Part B.
    • The part A provides a person with the facility for reservation of name for his new company.
    • Part B offers the other nine services which are as follows:
      1. Incorporation of company
      2. Allotment of DIN
      3. Allotment of PAN of the Company
      4. Registration for EPFO
      5. Allotment of TAN of the company
      6. Registration for ESIC
      7. Profession Tax Registration (Maharashtra)
      8. Opening of Bank Account for the Company
      9. Allotment of GSTIN for the company

Forms for Incorporation of Company

The person who wishes to incorporate a Company needs to fill and upload following forms:-

  1. SPICe+ Part A (Reservation of Name)
  2. SPICe+ Part B
  3. Agile Pro Form
  4. SPICe MOA
  5. SPICe AOA
  6. INC-9 (Autogenerated)

Major Updates after the Introduction of SPICe+ Form

  • The SPICe+ form has replaced the old SPICe form for the incorporation of companies.
  • Furthermore, the AGILE Pro form has replaced the AGILE form through which the company needs to apply mandatorily for EPFO/ESIC/Bank Account at the time of filing the SPICe+ Form for the company.
  • The registration of EPFO and ESIC has become mandatory for companies incorporated on or after 15th February 2020.
  • Furthermore, the companies are also required to open a bank account through the AGILE-PRO form.
  • In case the total numbers of subscribers are less than 20 and have DIN or PAN the declaration of INC-9 will be auto-generated and will be uploaded with other linked forms in SPICe+.

Documents Required for SPICe+ Form

The Form SPICe + and its linked forms for incorporation of Company requires different attachments.

Attachments for SPICe+ Part B

  • Utility bills copy for office address (not older than 2 months)
  • Notarized and Stamped Rent agreement/ Lease Agreement for Registered office of Company (in case applicable)
  • NOC from the owner of the property
  • PAN of each Director (Mandatory)
  • Proof of identity of subscribers and directors (Passport/ Voter ID/Driving license)
  • Address Proof of subscribers and directors (Bank Statement/Electricity bill/ Mobile bill/ Telephone bill)- not older than 2 months
  • Proof of identity and address of Applicant I, II, III in case applying for DIN for directors
  • The interest of director in other entities along with the name and CIN/LLPIN/FCRN of an entity, designation, amount, and percentage of holding (in case the director has an interest in other entity)
  • Consent to act as director (DIR-2)
  • Declaration by first director(s) and subscriber(s) (INC-9)
  • Consent of Nominee (in case of OPC)

Attachments in Agile Pro Form

  • Proof of Office Address for GSTN
  • Proof of appointment of Authorized signatory for GSTN (in case applying for GST)
  • Specimen signature of Authorized signatory for EPFO
  • Proof of Identity of Authorized Signatory
  • Proof Of Address of Authorized Signatory
  • Photos of all the directors (Size up to 100KB)
Always check the size of your Incorporation Forms before uploading on MCA Portal. The size of any form of Incorporation should not exceed 6 MB. In case the size exceeds, forms will not be accepted by MCA.
Tip
Always check the size of your Incorporation Forms before uploading on MCA Portal. The size of any form of Incorporation should not exceed 6 MB. In case the size exceeds, forms will not be accepted by MCA.

Details required

  1. Company’s proposed names in the order of preference
  2. Correspondence and Registered office of the company
  3. Capital Structure of Company
  4. Contact Details of the company (contact no, email id)
  5. Names of directors (minimum 2 having valid DSC)
  6. Details of directors and subscribers
    • Father’s name
    • Address (present and permanent)
    • DIN/PAN/CIN
    • Date of Birth
    • Contact number
    • Email address
    • Place of birth
    • Occupation
    • Educational Qualification
    • Duration of stay at current address
    • Designation and holding in the company
    • Nationality and citizenship
SPICe+ Instruction Kit
You can also refer to this Instruction Kit of SPICe+ for filing this new web based form.
Download
SPICe+ Instruction Kit
You can also refer to this Instruction Kit of SPICe+ for filing this new web based form.
Download

Procedure for Incorporation of Company through SPICe+

Lets learn how to fill and upload SPICe+ for incorporation of a Company.

  1. Login to MCA

    Login to MCA portal. Go to ‘MCA services’ and click on ‘SPICe+’.

  2. New Application

    Click on ‘new application’. However if you have already filed Part A you can choose existing application.
    Fill Part A of the SPICe+. Furthermore complete all the details for reservation of name of the proposed company including:-
    Type of company
    Class of company
    Category of company
    Sub-category of company
    Main division of industrial activity of company (description will automatically get filled according to code user chooses)
    Particulars of proposed or approved name

  3. Automatic scrutiny of name

    Click on ‘Autocheck’ button for automatic scrutiny of proposed name. Click on ‘Save’ button.

  4. Submit Application

    Submit your application for Part A by clicking on ‘Submit’ button.

  5. Name approval letter

    MCA will provide you the Name approval letter. Furthermore MCA will provide the user 20 days time period for filling other forms and uploading on MCA site.

  6. SPICe+ Part B

    Now proceed for Part B of SPICe +.

  7. Enter required details in SPICe+ Part B

    Complete the basic details regarding the company to be incorporated which shall include:-
    Capital structure of the proposed company
    Address of the proposed company
    Contact details of the proposed company (email address and contact number of company)

  8. Subscribers and directors details

    Further enter the given details for subscriber and subscribers.
    Number of first subscribers of MoA and directors of company (having DIN or not having DIN)
    Particulars of first subscribers and directors of company
    Number and amount of shares subscribed
    Interest in other entity (if any)

  9. Stamp duty

    Click on prefill button. As a result, amount of stamp duty will get prefilled according to the respective State of ROC.

  10. Issuance of PAN & TAN

    Furthermore enter the details required for issuance of PAN and TAN. You need to enter the area code for PAN and TAN of the company.

  11. Fill in the required details

    Fill your sources of income. Enter the Business/Profession code.
    Upload the mandatory attachments in the eform. In optional Attachments you can attach Form INC-9 and DIR-2 for each partner.

  12. Submit the declarations

    Finally, submit the relevant declarations and click on pre scrutiny.

  13. Submit the form

    Once the pre scrutiny is successful submit the SPICe+. Fill the other linked mandatory forms :-
    AGILE Pro
    eMOA (Charter of the company)
    eAOA (Rules and regulations)
    INC-9

  14. Download the form

    After filling all the linked forms to SPICe+, download the Spice forms.
    Get the forms signed by director and professional who certifies the forms.

  15. Upload forms and make payment

    Further upload all the linked forms in proper sequence. If the upload is successful, SRN will get generated. However in case of failure it will show error.
    Now make payment. On successful payment receipt will be generated.

FAQs

I want to incorporate a private ltd company. How many names can I propose for my new company in SPICe+ application?

If you are making application for name reservation only i.e. SPICe+ Part A, then you can submit two names. If you are filing complete SPICe+ form, then you are allowed to propose only one name for your company.

What is the difference between SPICe form and SPICe plus Form?

SPICe Form is an eform which only offered the facilty of reservation of name of the company, incorporation of company and allotment of DIN. While SPICe Plus Form is an integrated web form offering 10 services which includes name reservation, incorporation, allotment of DIN, PAN, TAN GSTIN, EPFO registration, ESIC registration Profession tax registration and opening of bank account.

How many DINs can be applied for through SPICe+ while incorporating the company?

Maximum 3 DINs are allowed to be applied through a SPICe form while incorporating a company other than producer company. In case of producer company applicant can apply for maximum 5 DINs.

I want to incorporate a private limited company. Do I need to attach MoA and AoA in the SPICe+ attachments?

As you are incorporating a private limited company, you need not attach MoA and AoA in attachments to SPICe+. MoA and AoA are required to be filled as linked forms to SPICe+ which will then be uploaded on MCA site.

I have submitted and uploaded all the forms of SPICe+ and made payment for PAN and TAN. I am not able to make the payment for Stamp duty. Status of SRN is also showing pending. What should I do?

As you have uploaded the forms and made the payment for PAN and TAN , it might take 48 hours time to clear the payment. However the forms are successfully uploaded.

Annual Compliances : Public Limited Company

A Public Limited Company is a separate legal business entity having limited liability with a minimum of 3 directors & 7 members. The securities of a limited company are traded on a stock exchange. Therefore, it is mandatory to file annual compliances by Public Limited company on time as per dates defined by ROC. Further, the public company enjoys huge benefits like

  • Limited liability,
  • Transferability,
  • Borrowing capacity, etc.

However, failure in filing compliances by Public Limited Company on time leads to heavy penalties on business.

Incorporation fees Calculator
Calculate Incorporation fees for Form filing, registration and stamp duty to register your business with MCA in India
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Incorporation fees Calculator
Calculate Incorporation fees for Form filing, registration and stamp duty to register your business with MCA in India
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Following are Annual Compliances of Public Company:

  • Annual Return Compliances
    • The company should file an Annual Return in Form MGT 7. It also includes details related to directors and shareholders for the period of the financial year.
    • The due date for the Annual Return is within 60 days of holding Annual General Meeting
    • The Annual Return consists of Financial statements, shareholding structure, compliance certificate, and details of various registers maintained.
  • Maintenance of Books of Accounts and preparation of Financial Statements
    • Every Public company should compulsorily maintain the books of accounts each financial year.
    • Further, the shareholders should approve the financial statement in the general meeting.
    • File Form AOC-4 with the time stipulated. Along with the Balance Sheet, Profit and Loss Account, Directors’ Report, Cash Flow Statement, Auditor’s Report, and the Consolidated Financial Statement.
  • Income Tax Returns
    • The company should file its Income Tax return on or before 30th September.
  • Secretarial Audit Report in Form MR-3
  • File Form MGT-14 for Adoption of Financials and Director’s Report.
  • Annual Compliances under all Rules and Regulations associated with SEBI
  • Other Mandatory Compliances:
    • Holding of Annual general meeting once in a financial year for approving the financial statements
    • Conducting Board Meetings 4 times a year.
    • Filing of the Director’s Report once in a year.
    • File form MGT-15 regarding an exclusive report on the Annual General Meeting (AGM) of the company.
Ask an Expert (Incorporation)
Talk to an expert via call, whatsapp or messages. Ask questions about different types of entity, which entity to incorporate, different compliance involved, etc.
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Ask an Expert (Incorporation)
Talk to an expert via call, whatsapp or messages. Ask questions about different types of entity, which entity to incorporate, different compliance involved, etc.
[Rated 4.8 stars by customers like you]

FAQs

Is there any penalty for not filing the Annual Filling?

Yes. Penalty is levied in case of delay in annual filling or non filing.

Who should sign annual filling e-Forms?

A Director of the company and a CA/ CS should digitally sign Annual return.

When is annual return of Public Limited Company?

Public Limited Company should file Annual returns every year. Along with the Balance Sheet, P&L Account, and other documents. However, it is different from the income tax return and it’s governed by the Ministry of Corporate Affairs.

How to Register a Public Limited Company?

A Public Limited Company is a separate legal business entity having limited liability. The securities of a Public limited company are traded on a stock exchange. In order to register as a Public Limited Company, the company must have a minimum of 3 Directors and 7 Shareholders. And should also have Rs 5 Lakhs as Paid-up Capital.

Incorporation fees Calculator
Calculate Incorporation fees for Form filing, registration and stamp duty to register your business with MCA in India
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Incorporation fees Calculator
Calculate Incorporation fees for Form filing, registration and stamp duty to register your business with MCA in India
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Procedure to register a Public Limited Company

Follow the steps to register a Public Limited Company:

  1. Obtain a DSC of the proposed Directors of the Public Limited Company

    Obtain DSC of at least one director to sign the E-forms related to incorporation.

  2. Once a DSC is received. File Form DIR-3 with the ROC for getting a DIN if the directors does not possess DIN.

    For DIN application you will require Identity Proof and Address Proof. Every Director proposed to be appointed in the company should hold a valid DIN.

  3. Visit MCA website for name reservation/ availability.

    Click on RUN (Reserve Unique Name) under MCA Services on the MCA website.

  4. It will take you to another Portal. Now login using your MCA credentials.

    Under entity type select Public Limited Company.
    You don’t need to add CIN since it for existing registered companies.
    Enter the proposed name make sure it is not similar to the existing name.

  5. Fill in the required information.

    Click on the Auto check.
    Further, if the name matches an entry in the database, it will show an error. Once the proposed name is error-free, you need to pay a minimum amount of Rs. 1000 run the similarity test and to reserve the name.

  6. If the proposed name is approved by the Ministry. You will receive a notification about the same on your registered email address.

    Download all the forms of incorporation on MCA Website.

  7. File Form INC-12 also known as SPICe form.

    For application of licence for Public Limited Company.

  8. File SPICe MOA and SPICe AOA.

    Upload these form on MCA Website.

Documents for Incorporation

  • PAN number of all the shareholders and directors
  • Proof of identity of all shareholders and directors.
  • Proof of Address of all directors and shareholders.
  • Utility bill of the proposed registered office of the company.
  • NOC from the landlord if the office premises are on lease or rent.
  • DSC of Directors.
  • DIN of all directors.
  • Memorandum of Association (MOA).
  • Articles of Association (AOA),

FAQs

Can a salaried person become director of company ?

Yes, there is no legal hurdle. However employment agreement may have some restriction.

What are the primary requirements for a public limited company?

Following are the primary requirements of Public Company:
– The minimum number of shareholders must be 7.
– File accounts within 6 months of the year-end.
– The minimum Paid-up share capital must be Rs. 5 lakhs.
– The minimum number of Directors is 3.

Can an NRI/Foreign National be a director in Public Limited Company? and If Yes, then what are the conditions for the same?

Yes, an NRI or Foreign National can also be a shareholder or director in a Public Limited Company of India. However, for becoming a director, such a person must possess the DIN issued by MCA.

Process for conversion of Partnership Firm into LLP

Limited Liability Partnerships have more priority over the general partnership structure as it is much more beneficial for the partners. It is a business structure that integrates the advantages of the company’s corporate structure and the flexibility of the partnership. The conversion of a partnership firm to LLP shall be as per Section 55 of the Limited Liability Partnership Act 2008 read with Schedule II of the Act.

Incorporation fees Calculator
Calculate Incorporation fees for Form filing, registration and stamp duty to register your business with MCA in India
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Incorporation fees Calculator
Calculate Incorporation fees for Form filing, registration and stamp duty to register your business with MCA in India
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LLP is a separate legal entity with compulsory registration with the central government. However, it is not the case with the partnership firm. LLP offers a host of features mentioned below making it more attractive than a partnership firm:

  • Limited liability protection,
  • Survivability,
  • Ability to take on an unlimited number of partners and
  • Ease of ownership transfer.
Limited Liability Partnership (LLP) Registration
CS Assisted incorporation of Limited Liability Partnership (LLP) in India.
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Limited Liability Partnership (LLP) Registration
CS Assisted incorporation of Limited Liability Partnership (LLP) in India.
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Steps for conversion of Partnership Firm into LLP:

Step by step guide for conversion of Partnership Firm into LLP:

  1. Obtain Digital Signature for all the partners.

    Generally partners in a Partnership Firm would not have a digital signature as the same is not necessary for the registration of a partnership firm.

  2. Partners in LLP require a DPIN/DIN. Therefore obtain DPIN/DIN for all partners.

    A DIN is a unique number for each person who is an LLP Partner or Director.

  3. Make an application in RUN-LLP Form for name reservation on MCA website.

    Before applying for reservation of name, applicant must check the rules for selection of LLP name.

  4. File Form FiLLiP for Application and Statement for the Conversion of Partnership Firm into LLP.

    The documents required for LLP registration and for Form FiLLiP.

  5. Once the process of incorporation is complete by filing Form FiLLiP, the next step is to register the LLP Agreement with MCA.

    File LLP Form 3 for LLP Agreement registration which contains details of LLP agreement along with partners resolution with MCA.

  6. On successful conversion into LLP ROC shall issue Certificate of Incorporation of LLP.

    Further when the LLP is incorporated and the Partnership Firm is converted the Partnership Firm would be deemed to be dissolved.

FAQs

What documents are needed to convert a partnership into an LLP?

Following documents are necessary to convert a partnership into an LLP:
– Address proof of the office
– Regulatory authority’s approval
– Details of all the partners and directors
– Consent of all the partners and directors
– Latest income tax return filing
– NOC from tax authorities
– Creditors and their consent
– Certified liabilities and assets of the partnership

Whether any Annual Return would be required to be filed by an LLP?

Every LLP would be required to file an Annual Return with ROC. LLP shall duly file Annual Return in e- Form-11, with the Registrar. Along with the prescribed fee, within a period of 60 days from the end of every financial year.

What is the difference between designated partner and partner?

Both designated partners and partners are categorized differently in LLP. Additionally, the designated partners are more liable than the partners. Further, they are accountable for the day to day business activities as well as for all regulatory and legal compliances.

Conversion of Private Limited Company to Public Limited Company

Let us first understand what is a public and private limited company. Public Limited Company is a separate legal business entity. In addition the shares of this company are traded on the stock exchange for the general public. Whereas Private owners own a private limited company. This type of entity limits the owner’s liability to their ownership stake. Further PLC also restricts shareholders from publicly trading shares. The main advantage of Public Company is that it can raise reserves on a large scale. Here are benefits when you convert PLC into a Public Limited Company.

Incorporation fees Calculator
Calculate Incorporation fees for Form filing, registration and stamp duty to register your business with MCA in India
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Incorporation fees Calculator
Calculate Incorporation fees for Form filing, registration and stamp duty to register your business with MCA in India
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Benefits of Public Limited Company:

  • Raising Capital: The biggest advantage of being a Public Limited Company is that it can raise capital from the public by issuing shares. However, this would require listing on the stock exchange.
  • Share Transfer: Shareholders can transfer shares of Public Limited Company easily. Therefore shareholders have a benefit of liquidity by filing the share transfer form and hand over the share certificate to the buyer.
  • Greater Credibility: As per Company Law, 2013 a Public Company has to compulsorily present its financial stats and position publicly to maintain transparency. It also has to convene the Annual General Meeting for all the shareholders. These compliances bring a great deal of credibility.
  • Other Financial Opportunities: Listing of Public Limited Company helps in improving the creditworthiness of the company when issuing corporate debt.

The process to convert Private Limited Company(PLC) into Public Limited Company

Here is a detail procedure for voluntary conversion of Private Limited Company into Public Limited Company:

  1. Conduct a Board Meeting.

    Pass a Board Resolution to get the in-principal approval of Directors for conversion. And also for increase in number of directors upto 3, if directors are less than 3.
    Further fix date, day and time for conducting Extra-ordinary General Meeting to get an approval of shareholders.

  2. Send notice to shareholders along with agenda and explanatory statement as per Companies Act, 2013.

    In EGM, pass Special Resolution to get shareholders approval for Conversion of Private Company into a Public company. In addition obtain approval for alteration in the Articles of Association for such conversion.

  3. For alteration in AOA file the below forms along with the copy of special resolution with concerned ROC.

    File Form MGT-14 within 30 days of passing the resolution at EGM on the MCA Website.
    After that file E-Form INC 27 for conversion of the company with MCA along with necessary attachments.

  4. After receiving the documents, ROC shall satisfy itself that the company has complied with requisite provision for conversion.

    Further which ROC shall enclose the previous registration and issue a fresh Certificate of Incorporation.

FAQs

Who controls a Public Limited Company?

Shareholders are the owners of a public limited company. However, they elect a board of directors who make decisions on behalf of the business.

Why would a private company (PLC) change to a public company?

Shares in a public company are easily transferable in comparison to the PLC. Further the shareholders can sell the shares and benefit from its liquidity. Therefore this acts as an incentive for people to invest as they are not bound to remain with the company forever.

What are the requirements in order to convert into Public Limited Company?

The company should fulfill the following requirements before converting into Public Limited Company:
– DSC for 1 Director
– Minimum 7 Shareholders
– DIN for all directors
– Minimum Authorized Share Capital of Rs 5 lakhs
– Minimum Paid up Share Capital of Rs.5 lakhs
– Director and shareholder can be the same person
– Minimum 3 Directors

What are the Documents required for conversion of PLC to Public Company?

Following are the documents required for conversion:
– Copy of PAN Card of Directors
– Passport size photograph of Directors
– Copy of Aadhaar Card/ Voter identity card
– Copy of Rent agreement, if property is on rent.
– Electricity/ Water bill (Business Place)
– Copy of Property papers (If owned property)
– In addition to rent agreement NOC of Landlord

Process for Conversion of an OPC into Private Limited Company

Conversion of an OPC to Private Limited Company can be voluntarily or by compulsion. In both the cases, there is a need to follow proper procedure. And shall require necessary alterations in the MOA and AOA of the OPC. However, it may be noted that the conversion of an OPC into a Private Limited Company as per Section 18 of the Companies Act, 2013 and the rules of Companies (Incorporation) Rules of 2014, shall not affect the existing debts, liabilities, obligations or contracts of the OPC. In addition, these will inevitably be discharged by the newly formed private limited company. Further, there may be two scenarios to convert OPC into Pvt Ltd Company.

  1. Compulsory Conversion
  2. Voluntary Conversion
Private Limited Company (PLC) Registration
Online Company Registration. A Private Limited Company is the most popular type of corporate entity in India.
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Private Limited Company (PLC) Registration
Online Company Registration. A Private Limited Company is the most popular type of corporate entity in India.
[Rated 4.8 stars by customers like you]

Compulsory Conversion of an OPC into Pvt Ltd

It is mandatory for an OPC to convert into a Pvt Ltd Company within 6 months if it surpasses the below-given parameters:

  1. Paid up share capital of an OPC exceeds Rs.50 lakhs and
  2. Average annual turnover of immediately preceding three consecutive financial years exceeds 2 crores.

During the conversion, the members have to just pass a special resolution in the general meeting. Further, obtain No Objection Certificate from creditors and other members before passing the resolution.

Process for Compulsory Conversion

  1. Convene a general meeting and pass Resolution for increase in the number of Directors and shareholders.
  2. For converting an OPC to a Private Limited Company, there should be at least 2 shareholders and 2 directors.
  3. Furthermore, shareholders shall pass a resolution for approving the alteration of the Memorandum of Association (MOA) and Articles of Association (AOA) of the OPC.
  4. File E- form INC-5 with ROC within 60 days of exceeding threshold limits, informing that it has ceased to be OPC. And now it requires to convert itself into a private company.
  5. Further file E-Form INC-6 on the MCA Website within 6 months of conversion.
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Voluntary Conversion

  • OPC cannot convert itself into a Private Limited Company for a period of two years from the date of incorporation.
  • Further when two year time period is over OPC can apply for converting itself into Private Limited Company.
  • OPC has to communicate voluntary conversion to a ROC in Form INC-5 within sixty days.
  • For conversion pass a resolution to increase the number of directors and shareholders.
  • For converting to a private limited company, OPC should have minimum of 2 directors and 2 members.

FAQs

Can OPC appoint Members before to meet the minimum compliance requirement of Private Company before conversion?

No, the One Person Company can have only one member and therefore the Company cannot increase the members before conversion. However, after conversion, it shall increase the number of members to meet the minimum compliance requirement.

What is the effect after conversion of OPC to a private limited company on the liabilities of previous company?

The conversion shall not affect, the liabilities, debts or obligation of the company in any way. Therefore, the company shall be liable for all its previous obligations.

MCA Portal : Track Payment Status

There are two payment options on the MCA Portal after eForm is uploaded successfully. You can select Pay Now option and make payment immediately or you can select Pay Later option. Uploaded eForm will be processed only once payment of fees is done. You can use Track Payment Status service to check the payment status of uploaded eForm or to download the paid challan copy.

Steps to Track Payment Status: MCA Portal

  1. Go to MCA Portal

    Click on MCA Services > Fee and Payment Services > Track Payment Status

  2. Enter the SRN of the uploaded eForm. Click on the Submit.

    In the Track Payment Search Box, enter the SRN Number, and click Submit.

  3. The status will appear. No action is required if the payment status is Paid.

    And you can download the copy of eForm Challan/Receipt/Acknowledgement by clicking on it.

If the payment status is Not Paid. You can go to Pay Later services to make payment of fees.

FAQs

How can I download MCA Paid Challan?

You can download the copy of challan using Track Payment Status service of MCA. Following are the steps to download MCA paid challan:

– Go to mca.gov.in,
– Go to MCA Services > Fee and Payment Services > Track Payment Status,
– Enter SRN of uploaded eForm and click Submit,
– Click on copy of eForm Challan/Receipt/Acknowledgement to download copy of Paid Challan.

What are the different mode available for making MCA fees payment?

The different modes of payment available are:
– Credit card/ Debit Card (Pay online)
– Challan (Generate the Challan online, fill it and deposit it off-line at an authorized bank branch)
– NEFT
– Net Banking (Pay online)

Which Banks provide a Net Banking Payment facility for making MCA Payments?

Net banking payment facility of following bank is available on MCA Portal
– State Bank of India
– Punjab National bank
– ICICI Bank
– HDFC Bank
– Union Bank of India
– Indian Bank
– Union Bank of India

MCA Portal : Compliance with COVID- 19 Form

The Ministry of Corporate Affairs (MCA) wants the companies and LLPs in India to comply with the COVID-19 form for the safety of all of us in such an alarming situation.

This form has a few simple steps concluding that the company is in accordance with the COVID-19 guidelines including work from home policy. The deadline to submit this form is on 30th March 2020.

Steps to file the COVID-19 form on MCA Portal:

  1. Go to MCA Portal

    Visit the MCA Portal i.e. official website for ROC compliances

  2. Navigate to COVID-19

    Go to MCA Services > COVID- 19 and login to your account with valid credentials

  3. Select CIN or LLPIN

    Select CIN in case of a Company and select LLPIN in case of an LLP

  4. Enter CIN or LLPIN

    Enter the CIN / LLPIN Number. Click on Pre-fill and all your registered information will be automatically loaded

  5. COVID-19 Guidelines

    Read the COVID-19 guidelines and click on Yes or No

  6. Select Authorised Signatory

    Select an authorized signatory of the company/LLP i.e DIN/PAN/membership number

  7. Enter DIN / PAN / Membership Number

    As per what you have selected in the above mentioned step enter your DIN/PAN/Membership number. Click on Pre-fill

  8. Enter mobile number for OTP

    Fill your registered mobile number for OTP. Click on Send OTP

  9. Enter OTP, Verify OTP and Submit

    Enter your OTP once received. Click on Verify OTP and Submit

  10. Success Message

    A pop-up thank you message will be displayed. Your COVID-19 form is now completed

FAQs

What is the purpose of the COVID -19 form by MCA?

Ministry of Corporate Affairs (MCA) has made COVID- 19 form mandatory for companies and LLPs in order to help prevent the spread of Coronavirus disease. All companies and employees should comply with the guidelines from time to time as a precaution.

Is there a penalty for not filing COVID-19 form?

No. There are no such penalties levied by the Ministry of Corporate Affairs (MCA) for non-filing of COVID-19 form.

Is it mandatory to file COVID-19 form?

No. It is not mandatory to file the COVID-19 form. The form is built to measure the readiness of the companies to deal with COVID-19.