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Chennai South · Sholinganallur Division · Akkarai Pvt Ltd

Pvt Ltd Company Registration in Akkarai, Chennai

Pvt Ltd Company Registration for residential units around ECR Road, Akkarai — backed by a 15+ year track record

Pvt Ltd for coastal residential premium businesses across the Akkarai pocket near ECR Road by qualified experts with a 15+ year, zero-penalty record. Call 9566-068-468.

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500+ Clients
Quick Answer

Who is the certifying professional in SPICe+ in Akkarai, Chennai?

A practising Chartered Accountant, Company Secretary, Cost Accountant or Advocate is required to certify the SPICe+ application. The professional declares that the documents have been verified, the proposed company complies with all applicable provisions and the registered office has been visited or satisfactorily verified. Misdeclaration attracts penalty under Section 7(5)/(6) and disciplinary action by the respective Institute.

Transparent Pricing

Pvt Ltd Company Registration in Akkarai — Plans & Pricing

Fixed fees · Zero hidden charges · Call 9566-068-468 for a custom quote.

MonthlyAnnualSave 2 Months
Basic
SPICe+ Part A & Part B basic
₹7,500one-time

  • SPICe+ Part A Name Reservation (2 names)
  • SPICe+ Part B Incorporation Filing
  • e-MOA (INC-33) and e-AOA (INC-34) Drafting
  • INC-9 Auto-Generated Declaration
  • Up to 2 Directors and 2 Shareholders
  • Single Registered Office Verification
  • PAN and TAN Allotment
  • DIN for New Directors
  • INC-20A Commencement Filing
  • Custom MOA AOA Drafting
  • Authorised Capital: Up to ₹1 lakh
  • Foreign Director Apostille
  • Multi-Class Share Structure
  • Certificate of Incorporation Delivery
  • WhatsApp Document Pickup
Starter
DIN allotment & commencement
₹12,500one-time

  • SPICe+ Part A Name Reservation (2 names)
  • SPICe+ Part B Incorporation Filing
  • e-MOA (INC-33) and e-AOA (INC-34) Drafting
  • INC-9 Auto-Generated Declaration
  • Up to 3 Directors and 3 Shareholders
  • Single Registered Office Verification
  • PAN and TAN Allotment
  • DIN Allotment for New Directors (up to 3)
  • INC-20A Commencement of Business Filing
  • Custom MOA AOA Drafting
  • Authorised Capital: Up to ₹10 lakh
  • Foreign Director Apostille
  • Multi-Class Share Structure
  • Certificate of Incorporation Delivery
  • WhatsApp Document Pickup
Most Popular ⭐
Professional
Custom MOA AOA + 90-day compliance
₹25,000/month
Annual: ₹300,000 → ₹25,000 (Save ₹275,000)

  • SPICe+ Part A Name Reservation (2 names)
  • SPICe+ Part B Incorporation Filing
  • Custom Drafted MOA & AOA (Table F entrenched)
  • INC-9 Auto-Generated Declaration
  • Up to 5 Directors and 5 Shareholders
  • Single Registered Office Verification
  • PAN and TAN Allotment
  • DIN Allotment for New Directors (up to 5)
  • INC-20A Commencement of Business Filing
  • First Board Meeting Minutes (Section 173)
  • First Auditor Appointment (Section 139(6))
  • Share Allotment & Share Certificates (SH-1)
  • Statutory Registers (MBP-1
Premium
Foreign director + investor-ready
₹65,000/month
Annual: ₹780,000 → ₹65,000 (Save ₹715,000)

  • SPICe+ Part A Name Reservation (2 names)
  • SPICe+ Part B Incorporation Filing
  • Custom Drafted MOA & AOA with Entrenchment (Section 5(3))
  • INC-9 Auto-Generated Declaration
  • Up to 7 Directors and 7 Shareholders
  • Single Registered Office Verification
  • PAN and TAN Allotment
  • DIN Allotment for New Directors (up to 7)
  • INC-20A Commencement of Business Filing
  • First Board Meeting Minutes (Section 173)
  • First Auditor Appointment (Section 139(6))
  • Share Allotment & Share Certificates (SH-1)
  • Statutory Registers (MBP-1

Swipe to see all plans

Prices exclude GST. For enterprise pricing, call 9566-068-468.

Why FilingPro?

Why Akkarai Clients Choose FilingPro

Expert Pvt Ltd in Akkarai — qualified professionals, 15+ years experience, zero-penalty track record.

e-MOA INC-33 With Section 4(1) Compliant Object Clause

Object clauses are framed in plain language tied to the actual business. NBFC, Nidhi, Insurance, Stock Broking, Banking and Microfinance overlaps are explicitly excluded — Reserve Bank Section 45-IA registration, IRDAI license or SEBI approval is not inadvertently triggered for Akkarai clients.

Section 5(3) Entrenchment Drafted Where Needed

Where Akkarai promoters require special procedure (higher than special resolution) for amending key articles — share transfer restrictions, director nomination rights, drag-along — Section 5(3) entrenchment provisions are drafted with clear triggers and recorded in INC-34.

Section 149(3) Resident Director Mapped at Incorporation

For Akkarai companies with NRI or foreign promoters, the resident director under Section 149(3) is identified and his 182-day India presence is documented from the date of incorporation — eliminating Section 172 penalty exposure in the first financial year.

DIN Allotment Through SPICe+ For Up to Three Directors

For first-time directors without an existing DIN, the Director Identification Number is allotted concurrently through SPICe+ Part B under Rule 9 of the Companies (Appointment and Qualification of Directors) Rules 2014. Up to three DINs per incorporation.

Class 3 DSC for Every Subscriber and Director

Every subscriber, first director and certifying professional is procured a Class 3 DSC compliant with the CCA mandate effective 1-Jan-2021. DSC PAN/name is matched against DIN PAN/name pre-submission — eliminating the leading cause of SPICe+ rejection.

Registered Office Section 12 Documentation Curated

Utility bill not older than two months, property tax receipt and signed NOC from owner — the right document combination for Akkarai jurisdictional Registrar, eliminating Section 12(9) physical verification rejection that triggers Section 248(1)(d) strike-off.

Key Benefits

What Akkarai Clients Get

Every Pvt Ltd Company Registration engagement delivers measurable, guaranteed outcomes — expert professionals, on time, every time.

Transferable Equity For Founder Exits
Founder departures, secondary sales and ESOP exercises require clean share transfer mechanics. The articles we draft set out the pre-emption notice procedure, valuation reference and Form SH-4 execution sequence. This avoids the deadlock scenarios that arise when articles are silent and one shareholder blocks a legitimate transfer.
Concessional Tax Regime Evaluated Year One
For most newly incorporated companies the Section 115BAA regime at twenty-two per cent yields a lower effective rate than the regular regime, but the election is irrevocable. We evaluate the trade-off against expected Chapter VI-A and depreciation claims, recommend the appropriate regime, and file Form 10-IC before the first return where election is selected.
Audit Trail And Section 128 Records Setup
The minutes book, register of members, register of directors and key managerial personnel, register of charges and share certificate counterfoils are all initiated and populated before the first board meeting. A litigation, inspection or Section 206 inquiry years later finds primary records in place rather than reconstructed retrospectively.
Employee Benefit Schemes Foundation Laid
Where founders intend to grant equity-linked compensation, we set up the AOA permission for issue of options, draft a trust or direct grant route, and align the cap table with anticipated dilution. Subsequent ESOP grants then proceed under Section 62(1)(b) without additional article amendments.
Brand Protection Layered Onto Incorporation
The company name reservation and a parallel trademark application under Class 9, 35, 41 or 42 (as relevant to the business) are sequenced so that the company commences operations with both corporate and trademark coverage. This prevents the awkward scenario of incorporating a name that subsequently faces an opposition or rectification action.
Director Liability Mapped And Insured
First-time directors often underestimate the personal exposure under Sections 166, 184, 188 and 447. We hand over a director's primer at incorporation, set up the disclosure of interest mechanism in MBP-1, and where the founders so prefer, coordinate a directors and officers liability cover with our insurance partners.
Comparison

Private Limited vs LLP

Why this matters here — Across Akkarai, the business activity radiating outward from Akkarai Beach and nearby commercial pockets. Practitioners note that with quick access via Akkarai Bus Stop and feeder routes connecting Akkarai to the rest of Chennai.

AspectPrivate LimitedLLP
Compliance loadAnnual filing of AOC-4 and MGT-7 under Sections 137 and 92; statutory audit mandatory regardless of turnover per Section 139; board meetings under Section 173 at quarterly intervalsAnnual filing of Form 8 and Form 11; audit triggered only if turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh under Rule 24(8) of the LLP Rules
Taxation regimeDomestic company rate of 25 per cent under Section 115BA / 22 per cent under Section 115BAA / 15 per cent for new manufacturing under Section 115BAB; MAT under Section 115JB on book profit at 15 per centFlat 30 per cent income tax under Section 167 of the Income Tax Act read with the First Schedule to the Finance Act; AMT at 18.5 per cent under Section 115JC; no dividend distribution layer
Distribution to ownersDividend declared under Section 123 taxed in shareholder's hands after Finance Act 2020 abolished DDT; subject to TDS under Section 194 at 10 per cent above ₹5,000Profit share to partners is exempt in partner hands under Section 10(2A); remuneration to working partners deductible to the LLP subject to Section 40(b) ceilings
External funding opticsPreferred vehicle for venture capital, FDI and ESOP issuance; rights issue under Section 62 and private placement under Section 42 are well-codifiedFDI permitted only under the automatic route in sectors with no performance-linked conditions per Press Note 1 of 2011; not preferred by institutional investors
Director qualification disabilityDirectors face Section 164 disqualification on non-filing of financial statements for three consecutive years or on conviction-based grounds in Section 164(1)No equivalent Section 164 trigger; designated partner disqualification is limited to the narrow grounds under Section 7(2) and partner-misconduct provisions of Section 30 LLP Act
Strike-off pathwaySuo motu strike-off by Registrar under Section 248(1) for two-year non-operation, or voluntary strike-off under Section 248(2) by filing STK-2 with prescribed declarationsVoluntary strike-off via Form 24 under Rule 37 of the LLP Rules 2009 after the LLP has discontinued business; simpler procedure than Section 248
Conversion flexibilityConversion to LLP permitted under Section 56 LLP Act and Third Schedule subject to no security on assets and consent of all shareholders and creditorsConversion to private limited under Section 366 of the Companies Act 2013 via Form URC-1; requires minimum seven partners or restructuring of partner base before conversion
Statutory anchorSection 2(68) read with Section 7 of the Companies Act 2013; incorporation via SPICe+ under Rule 38 of the Companies (Incorporation) Rules 2014Limited Liability Partnership Act 2008 read with Section 11 LLP Act and Rules 11 to 19 of the LLP Rules 2009; incorporation via FiLLiP
Minimum subscribersTwo subscribers and two directors at incorporation under Section 3(1)(b) and Section 149(1)(a); cap of two hundred members per Section 2(68)(ii)Two designated partners at incorporation under Section 7(1) of the LLP Act with no upper cap on the number of partners
Charter documentsMemorandum of Association in Table A to F of Schedule I and Articles of Association in Table F drafted with the SPICe+ INC-33 and INC-34 e-MoA / e-AoALLP Agreement filed in Form 3 within 30 days of incorporation under Rule 21 of the LLP Rules 2009; the LLP Act default provisions of the First Schedule apply if no agreement
Capital architectureAuthorised and paid-up share capital concept; subscriber declaration in INC-9 and INC-32 captures paid-up capital; stamp duty payable State-wise on the authorised amountContribution-based architecture under Section 32 LLP Act; no concept of share capital; contribution may be tangible or intangible and is recorded in the LLP Agreement
Director / partner thresholdMinimum two directors and maximum fifteen directors under Section 149(1); at least one resident director per Section 149(3); independent director not mandatedMinimum two designated partners with one resident designated partner under Section 7(1) proviso; no upper cap; DPIN allotted via Form DIR-3 equivalent through FiLLiP
Documents Required

Documents for Pvt Ltd Company Registration

Share documents via WhatsApp to 9566-068-468. No office visit required for Akkarai clients.

PAN of every proposed director and subscriber (mandatory; foreign nationals submit passport)
Aadhaar of every Indian-resident director and subscriber for e-KYC and DIN linkage
Recent passport-size photograph of every proposed director and subscriber, JPEG format
Address proof of registered office — utility bill (electricity/gas/landline) not older than two months, plus property tax receipt or registered lease/rent agreement
No-Objection Certificate from the owner of the registered office premises permitting use as registered office, signed and dated
MOA and AOA draft — object clauses, capital structure (authorised, subscribed, paid-up), entrenchment provisions if any under Section 5(3)
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Statutory Deadlines

Compliance deadlines that matter

Miss any of these and the next consequence kicks in automatically.

Deadlines in this neighbourhood — Across Akkarai, the cluster of residential, hospitality, restaurants businesses that defines Akkarai's commercial fabric.

Trigger eventDaysFormConsequence
Approval of name through SPICe+ Part A20 daysSPICe+ Part BName reservation lapses under Rule 9 and a fresh SPICe+ Part A with fresh fee is required
Date of incorporation of a company having share capital180 daysINC-20APenalty of fifty thousand rupees on the company and one thousand rupees per day per officer in default up to one lakh under Section 10A; Registrar may strike off the name
Date of incorporation where registered office address was not included in SPICe+30 daysINC-22Penalty under Section 12(8) of one thousand rupees per day up to one lakh on company and every officer in default
Date of incorporation — first board meeting30 daysInternal minutes registerSection 173(1) compliance default; directors exposed to ₹25,000 fine for non-holding
Date of incorporation — commencement of business declaration180 daysINC-20ASection 10A(3) penalty of ₹50,000 on company and ₹1,000 per day on each officer in default capped at ₹1 lakh; striking-off risk
Close of first financial year — financial statement filing30 daysAOC-4 (filed within 30 days of AGM)Section 137(3) penalty of ₹10,000 on company plus ₹100 per day continuing default capped at ₹2 lakh on company and ₹50,000 on every officer in default
Date of incorporation of the company30 daysBoard resolution (no e-form)First Board meeting must be held; non-compliance attracts penalty under Section 173(4) of twenty-five thousand rupees on the company and five thousand rupees on every director
First Board meeting of the financial year for every directorOn due dateMBP-1Director must disclose interest in Form MBP-1; non-disclosure under Section 184(4) attracts imprisonment up to one year or fine of fifty thousand to one lakh

Deadline pressure points we see in Akkarai: Closer to Akkarai, for Akkarai's premium business segment that values fixed-fee compliance with senior-practitioner involvement.

Forms Library

Forms used in this engagement

PAS-3Return of Allotment

Return of allotment of securities filed on every allotment including allotment to subscribers on incorporation, listing the allottees, number of shares, consideration, and date of allotment

Within 30 days of allotment Registrar of Companies
ADT-1Notice of Appointment of Auditor

Intimation to the Registrar of appointment of statutory auditor under Section 139, capturing the period of appointment and the auditor's firm registration number

Within 15 days of appointment by Board / members Registrar of Companies
MBP-1Notice of Interest by Director

Disclosure by every director of his concern or interest in other companies, body corporates, firms or other association of individuals, given to the company for placing before the Board

First Board meeting on appointment and first Board meeting of every financial year thereafter Filed with the company; preserved in records
SPICe+ Part ASimplified Proforma for Incorporating Company Electronically Plus — Part A

Web-based form for reservation of name for a proposed new company; up to two name proposals may be submitted with relevant industrial activity code and brief object

Filed before SPICe+ Part B; approved name valid for 20 days Central Registration Centre, MCA portal
SPICe+ Part BSimplified Proforma for Incorporating Company Electronically Plus — Part B

Integrated incorporation form capturing capital structure, subscribers, first directors, registered office address, and triggering allotment of DIN, PAN, TAN, EPFO, ESIC, profession tax and optional GSTIN

Within 20 days of name approval under SPICe+ Part A Central Registration Centre, MCA portal
AGILE-PRO-SApplication for Goods and Services Tax Identification Number, Employees State Insurance Corporation, Employees Provident Fund Organisation, Profession tax, Shops and Establishment registration

Linked form filed along with SPICe+ Part B to obtain GSTIN (optional), mandatory EPFO and ESIC registration, profession tax registration in Maharashtra and Karnataka, and bank account opening

Linked filing with SPICe+ Part B Central Registration Centre and respective authorities
INC-9Declaration by Subscribers and First Directors

Self-declaration by every subscriber to the memorandum and every first director that he is not convicted of any offence in connection with promotion, formation or management of any company, and that all documents filed with the Registrar contain correct information

Linked filing with SPICe+ Part B Auto-generated as PDF along with SPICe+ Part B
INC-13Memorandum of Association for Section 8 Company

Prescribed format of memorandum for companies licensed under Section 8 with charitable objects; not used for ordinary private limited companies, which use the eMoA INC-33 instead

Filed at the time of Section 8 incorporation Central Registration Centre

Pvt Ltd Company Registration in Akkarai, Chennai 600119

Akkarai (PIN 600119) falls under the Sholinganallur Division of the Chennai South, the jurisdiction that handles statutory matters for businesses at this PIN. Records we prepare for Akkarai carry the geo-zone 600xx tag and coordinates 12.9333, 80.2517, which map each submission back to this locality. Statutory correspondence for Akkarai businesses routes through the Sholinganallur Division, so we align every Pvt Ltd Company Registration engagement to that jurisdiction from the start. Because PIN 600119 sits inside the Chennai South jurisdiction, the handling office for Akkarai stays consistent across years, which matters when filings or approvals span cycles.

Commercial activity in Akkarai runs medium, so Pvt Ltd volumes scale through peak months and we staff the Akkarai desk accordingly. Document pickup near ECR Road is a same-hour errand for our Akkarai engagements rather than the half-day a typical Chennai client expects. Freight and foot traffic from the Akkarai Bus Stop hub pull steady daily commerce through Akkarai, so there is rarely a quiet filing month in this coastal residential premium pocket. Akkarai sustains a medium flow of commerce for a coastal residential premium locality, and that flow is the raw material for the Pvt Ltd files we close here.

The business mix in Akkarai centres on hospitality, and that sector carries its own Pvt Ltd Company Registration quirks we plan for in advance. We have closed enough Pvt Ltd Company Registration files for hospitality firms near Akkarai to know where the department usually probes. For a hospitality business in Akkarai, the Pvt Ltd Company Registration scope is rarely generic; we tailor the checklist to how that sector actually transacts. Pvt Ltd Company Registration for hospitality businesses in Akkarai hinges on getting the sector's recurring entries right the first time.

Turnaround for Akkarai Pvt Ltd Company Registration is deterministic — fixed fee, a scoped timeline, and a same-business-day acknowledgement once filed. Working papers for Akkarai Pvt Ltd Company Registration engagements stay archived and retrievable, which makes any later notice or query straightforward to answer. We keep a repeatable Pvt Ltd checklist for Akkarai so nothing in the cycle is improvised or missed. Our Akkarai Pvt Ltd process is built to be predictable, documented, and on time, cycle after cycle.

Coverage from Akkarai naturally extends to Injambakkam, so group entities across the area share one Pvt Ltd Company Registration workflow. Proximity to Injambakkam means a Akkarai engagement can extend across the locality cluster with no change in cadence. Pvt Ltd Company Registration clients in Injambakkam are handled by the same practitioners who run our Akkarai desk. Group companies spread across Akkarai and Injambakkam consolidate their Pvt Ltd under one engagement with us.

Patterns we track for Akkarai include restaurants documentation gaps, timing mismatches, and the questions the Sholinganallur Division tends to raise. Over several cycles in Akkarai, the recurring Pvt Ltd Company Registration issues cluster around a predictable short list we screen for early. The longer we serve Akkarai, the more precisely we predict where a Pvt Ltd file needs attention. Because we work repeatedly across Akkarai, we can benchmark a new client's Pvt Ltd Company Registration position against the locality norm.

For a new business incorporating in Akkarai or shifting its principal place of business here, Pvt Ltd Company Registration setup is one of the first things to get right. New hospitality ventures in Akkarai lean on us to stand up Pvt Ltd Company Registration correctly before the first deadline rather than after a notice. A startup setting up near Akkarai Beach in Akkarai gets a Pvt Ltd foundation built for the Sholinganallur Division from day one. We onboard new Akkarai entities onto a Pvt Ltd Company Registration cadence that is audit-ready from the very first cycle.

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Years Experience
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Penalty Instances
Expert Guide

Pvt Ltd Company Registration in Akkarai — Complete Guide

Incorporation is the start of a 365-day compliance journey. On certificate issue we hand over a written calendar covering the 30-day first board meeting, the 30-day first auditor appointment, share certificate issue within 60 days, BEN-2 within 30 days of identification, and the INC-20A commencement filing within 180 days. Each milestone carries an internal reminder set fourteen days before the statutory deadline.

Private Limited Company Registration in Akkarai, Chennai

SPICe+ Part A and Part B incorporation under Section 7 of the Companies Act 2013 for Akkarai promoters, with DIN, PAN, TAN, EPFO, ESIC and bank account in one integrated window.

Company Registration Consultant in Akkarai — Companies Act 2013

A practising professional in Akkarai certifies SPICe+, drafts e-MOA and e-AOA in INC-33 and INC-34, and ensures Section 12 registered office verification and Section 10A INC-20A commencement filing within statutory windows.

MOA AOA Drafting and DIN Allotment in Akkarai

Object clauses in the MOA are framed against Section 4(1)(c) without overlap into Section 8 charitable activities or regulated sectors needing sectoral NOC. DIN allotment under Section 153 is processed concurrently through SPICe+ for Akkarai first directors.

INC-20A Commencement Compliance for Akkarai Companies

Section 10A read with Rule 23A requires INC-20A to be filed within 180 days of incorporation declaring receipt of subscription money and registered office verification. Default attracts ₹50,000 company penalty and Section 248(1)(d) strike-off risk.

Get Expert Help Today
Qualified professionals handle your Pvt Ltd in Akkarai. WhatsApp documents — we begin within 24 hours. From ₹7,500/one-time. Free consultation.
WhatsApp for Free Consultation Call @ 9566-068-468
From ₹7,500/one-time
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Offices at Maduravoyal, Nerkundram & Nolambur (upcoming)
Key Facts — Pvt Ltd Company Registration in Akkarai
SPICe+ Part A — two name proposals filed at ₹1,000 fee with Rule 8 distinctness check; reservation valid for 20 days for Akkarai promoters.
SPICe+ Part B integrated with AGILE-PRO-S — DIN, PAN, TAN, EPFO, ESIC, Profession Tax and bank account allotted in one filing window.
e-MOA in INC-33 with Section 4(1) compliant Name, Registered Office, Object, Liability, Capital and Subscription clauses.
e-AOA in INC-34 adopting Schedule I Table F for companies limited by shares; entrenchment provisions under Section 5(3) where investor-protected.
INC-9 declaration auto-generated and DSC-signed by every subscriber and first director — no separate notarised affidavit since 23-Feb-2020.
Section 149(3) compliance — at least one director resident in India for 182 days mapped at incorporation for Akkarai companies with foreign promoters.
Class 3 DSC procured for every subscriber, director and certifying professional under CCA mandate effective 1-Jan-2021.
INC-20A commencement of business filed within 180 days under Section 10A — penalty exposure of ₹50,000 plus ₹1,000/day eliminated.
Section 173 first board meeting minutes drafted within 30 days; Section 139(6) first auditor appointed within 30 days of incorporation.
Litigation-ready record retention under Section 128 — MOA, AOA, INC-32/33/34, INC-9, INC-20A and statutory registers preserved for 8 years.
People Also Ask — Pvt Ltd in Akkarai
How long does private limited registration take through SPICe+ in Akkarai?
With clean documentation and successful Aadhaar e-KYC, the typical timeline from name reservation in SPICe+ Part A to issue of the Certificate of Incorporation under Section 7(2) is 7 to 10 working days. Name reservation itself is 1 to 3 working days. Part B incorporation post-reservation takes 4 to 7 working days subject to MCA processing load and registered office verification under Section 12(9).
Is there any minimum paid-up capital for incorporating a private limited?
No. The Companies (Amendment) Act 2015 effective 29-May-2015 omitted the earlier ₹1,00,000 minimum paid-up capital requirement. A private company may today be incorporated with any paid-up capital agreed among the subscribers. Stamp duty is computed on authorised capital declared in the MOA — Tamil Nadu levies 0.15% of authorised capital subject to floor of ₹200 and ceiling of ₹50,000.
Can a single registered address be used for multiple companies in Akkarai?
Yes. There is no statutory bar in Section 12 against multiple companies sharing the same registered office address, provided each company is independently capable of receiving and acknowledging communications. A common scenario is group companies with shared corporate office. The owner's NOC, utility bill and property tax receipt are submitted afresh with each SPICe+ application.
Is INC-20A mandatory and what is the penalty for default?
Section 10A read with Rule 23A requires every company having share capital incorporated on or after 2-Nov-2018 to file INC-20A within 180 days declaring receipt of subscription money and verified registered office. Default attracts penalty of ₹50,000 on the company and ₹1,000 per day per officer up to ₹1,00,000. The Registrar may also initiate Section 248(1)(d) strike-off of companies that have not filed INC-20A.
Can a foreign national be a first director of an Indian private limited?
Yes. Section 149 places no nationality bar on directorship subject to the Section 149(3) resident director requirement — at least one director must have stayed in India for 182 days in the financial year. The foreign national obtains DIN through SPICe+ supported by passport apostilled under the Hague Apostille Convention 1961 (or consularised in non-signatory countries) and address proof attested by Notary Public of the home country.
What is the difference between authorised capital and paid-up capital?
Authorised capital is the maximum nominal value of shares the company is empowered by its MOA Capital Clause to issue. Paid-up capital is the value of shares actually subscribed and paid for by shareholders. A company may be incorporated with ₹10 lakh authorised capital but issue and call up only ₹1 lakh paid-up. Stamp duty is paid on authorised capital. Issue beyond authorised capital requires MGT-14 special resolution and SH-7 filing under Section 61.
What is the role of MCA in private limited incorporation?

The Ministry of Corporate Affairs administers the Companies Act 2013 through the Registrar of Companies and Central Registration Centre. The CRC processes SPICe+ applications and issues the Certificate of Incorporation digitally signed by the Registrar.

Can I change the company name after incorporation?

Yes, name change under Section 13(2) requires special resolution at general meeting, Central Government approval where applicable, RUN application for the new name, filing of MGT-14 within thirty days of resolution, and issuance of fresh COI in Form INC-25.

What is the difference between Pvt Ltd and Public Ltd?

Private limited under Section 2(68) caps members at 200 and prohibits public share transfer; minimum two directors and two members. Public limited under Section 2(71) has no member cap but requires minimum seven members and three directors with prospectus issuance permitted.

Are professional certifications required at incorporation?

Yes, SPICe+ Part B requires practitioner certification by a Chartered Accountant, Company Secretary or Cost Accountant in whole-time practice, confirming compliance with all Companies Act provisions and verification of subscriber and director declarations.

Can I incorporate a Pvt Ltd while employed?

Yes, an employed person can incorporate or hold directorship in a private limited subject to the employer's employment-contract restrictions and conflict-of-interest clauses. The Companies Act 2013 does not bar employed persons from being directors.

What is the validity of a Certificate of Incorporation?

The Certificate of Incorporation is permanent and remains valid as long as the company is on the Registrar's register. It is conclusive evidence of compliance with incorporation provisions under Section 7(2) of the Companies Act 2013.

What Akkarai clients want to know before signing: Closer to Akkarai, on the Injambakkam-Palavakkam corridor that passes through Akkarai.

Expert Guide

A complete walkthrough — Pvt Limited Registration

Reading this guide locally — Across Akkarai, around the Akkarai Beach catchment of Akkarai.

What Private Limited incorporation means under Indian company law

Limited liability and separate legal personality

The foundational doctrine of Private Limited incorporation is separate legal personality, articulated by the House of Lords in Salomon v A Salomon and Co Ltd [1897] and adopted by Indian jurisprudence in Tata Engineering and Locomotive Co Ltd v State of Bihar [1965 SCR 391]. The company is a distinct legal person from its members and directors, capable of holding property, suing and being sued in its own name. Liability of members under Section 2(22) is limited to the amount unpaid on the shares held. The corporate veil can be lifted only in narrow circumstances — fraud, sham, evasion of statutory obligation — as elaborated in Vodafone International Holdings BV v Union of India [2012 6 SCC 613]. The limited-liability shield is the principal commercial advantage of Private Limited over proprietorship and partnership, and is the reason promoters of consequence almost invariably elect the Private Limited form for ventures with external counterparties.

Constitutional documents — MOA and AOA

The Memorandum of Association under Section 4 is the foundational charter that defines the company's name, registered office State, objects, liability and capital. The MOA must be in one of the Tables A to E of Schedule I, depending on whether the company is limited by shares, limited by guarantee or unlimited. The Articles of Association under Section 5 contain the regulations for management of the company, covering board composition, meetings, share transfer, dividend declaration, and members' rights. Section 6 establishes the supremacy of the Act over any conflicting MOA / AOA provision. Section 13 governs alteration of MOA (special resolution plus Central Government approval for object-clause changes affecting registered office State), Section 14 governs alteration of AOA (special resolution plus filing of MGT-14 within thirty days). The MOA and AOA filed with SPICe+ Part B become the binding constitutional documents on incorporation.

Statutory framework under Section 7

Private Limited incorporation in India is governed by Section 7 of the Companies Act 2013 read with the Companies (Incorporation) Rules 2014. Section 7(1) requires the subscribers to the memorandum to file an application with the Registrar within whose jurisdiction the registered office of the company is to be situated, accompanied by the MOA and AOA duly signed by the subscribers, a declaration by a professional that the requirements of the Act and Rules have been complied with, a declaration from each subscriber and first director in Form INC-9, the address for correspondence till the registered office is established, the particulars of subscribers and first directors with proof of identity, and the particulars of first directors with their DIN and consent in Form DIR-2. Section 7(2) provides that the Registrar shall on the basis of the documents filed register the memorandum and articles and issue a Certificate of Incorporation in Form INC-11 with a Corporate Identity Number. The CIN under Section 7(3) is the company's unique identifier for all subsequent statutory filings.

Section 184 director interest disclosure

Section 184(2) contract-specific disclosure

Section 184(2) requires a director who is in any way, whether directly or indirectly, concerned or interested in a contract or arrangement that is proposed to be entered into by the company to disclose the nature of his concern or interest at the meeting of the Board at which the contract or arrangement is discussed. The interested director shall not participate in such meeting — Section 184(2) proviso. The disclosure is in addition to the general MBP-1 disclosure and is contract-specific. Section 184(3) allows the contract to be voidable at the option of the company if the interested director participates. Section 184(4) prescribes penalty of imprisonment up to one year or fine ₹50,000 to ₹1 lakh on the defaulting director. The decriminalisation amendment of 2020 converted imprisonment to fine for first-time defaults.

Interaction with Section 188 related-party transactions

Section 188 governs related-party transactions — sale, purchase or supply of goods / materials, services, leasing of property, appointment of agent for purchase or sale, appointment of related party to office or place of profit, and underwriting of securities. RPTs require board approval and, beyond prescribed thresholds (under Rule 15 of the Companies (Meetings of Board and its Powers) Rules 2014), member approval through ordinary resolution. The MBP-1 disclosure under Section 184(1) is the antecedent that identifies the related-party population; Section 188 then governs the substantive transaction. Audit Committee approval is also required for listed companies and prescribed unlisted companies under Section 177. The Board's Report under Section 134(3)(h) must disclose all RPTs entered into during the year in Form AOC-2.

Register of contracts and arrangements

Section 189 requires every company to maintain a Register of Contracts or Arrangements in which directors are interested, in Form MBP-4 under Rule 16 of the Companies (Meetings of Board and its Powers) Rules 2014. The Register records every contract or arrangement that requires disclosure under Section 184(2) or approval under Section 188. Entries must be made within seven days of the relevant board meeting. The Register is placed before the next board meeting and signed by all directors present. It is preserved permanently and is open to inspection by members at the registered office during business hours under Section 189(4). Failure to maintain the Register attracts penalty under Section 189(6). The Register, the MBP-1 disclosures, and AOC-2 together form the documentary backbone of RPT compliance.

Share capital structure design

Authorised subscribed and paid-up capital

The Companies Act 2013 retains the three-tier capital structure inherited from the 1956 Act — authorised, subscribed, paid-up. The authorised capital is the maximum capital the company can raise without amending the MOA under Section 13 and 61. The subscribed capital is the portion that subscribers have committed to take. The paid-up capital is the portion actually paid by subscribers. The Companies (Amendment) Act 2015 removed the ₹1 lakh minimum paid-up capital for Private Limiteds (and ₹5 lakh for Public Limiteds), making the choice of paid-up capital a commercial decision. The face value per share is also unconstrained — ₹10 is conventional but ₹1, ₹100 and other denominations are equally valid. The authorised capital determines the SPICe+ stamp duty under State Stamp Acts and the initial MCA fee.

Equity and preference share classes

Section 43 recognises two kinds of share capital — equity share capital (with voting rights or with differential voting rights as to dividend, voting or otherwise) and preference share capital. Equity shares with differential voting rights under Section 43(a)(ii) are subject to Rule 4 of the Companies (Share Capital and Debentures) Rules 2014. Preference shares carry preference over equity for dividend and on winding up, but are typically non-voting under Section 47(2) (with exceptions for unpaid dividend periods). Preference shares can be cumulative or non-cumulative, participating or non-participating, convertible or non-convertible, redeemable or irredeemable. Section 55 prohibits issuance of irredeemable preference shares; redemption period cannot exceed twenty years (thirty years for infrastructure project companies). The class composition is set out in the MOA and elaborated in the AOA.

Sweat equity and ESOP planning

Section 54 read with Rule 8 of the Companies (Share Capital and Debentures) Rules 2014 permits issuance of sweat equity shares to employees and directors at a discount or for consideration other than cash, for know-how, intellectual property or value additions. The issuance requires a special resolution and is capped at 15% of paid-up capital per year (5% for startups in their first ten years under the Startup India relaxation). Section 62(1)(b) permits ESOP issuance to employees through schemes approved by special resolution. The ESOP scheme is governed by SEBI guidelines for listed companies and by Rule 12 of the Companies (Share Capital and Debentures) Rules 2014 for unlisted companies. Trust-based and direct-allotment models are both permitted. Authorised-capital headroom at incorporation is critical for ESOP planning.

Stamp duty on incorporation by State

Post-incorporation stamp duty events

Beyond incorporation, several events trigger State stamp duty: increase in authorised capital under Section 61 (additional duty on the incremental amount, paid with SH-7); issuance of share certificates under Section 56 and Rule 6 of the Companies (Share Capital and Debentures) Rules 2014 (stamp duty under Article 19 of the Stamp Act, typically ₹1 per ₹1,000 of share value, payable within thirty days of issuance); transfer of shares (stamp duty at 0.015% of consideration or value, whichever is higher, under the Indian Stamp (Amendment) Act 2019 read with the Indian Stamp (Collection of Stamp-duty through Stock Exchanges, Clearing Corporations and Depositories) Rules 2019 — applies through the depository for demat shares); issuance of debentures (0.005% of face value); and registration of charges (varies by State).

State Stamp Acts and Schedule I

Stamp duty on the MOA, AOA and the share-capital allotment at incorporation is levied under the Indian Stamp Act 1899 as applied to each State, or under the State-specific Stamp Act where the State has enacted its own (Maharashtra, Karnataka, Gujarat, Kerala, Rajasthan, Tamil Nadu have variations). The duty is typically computed as a percentage of authorised share capital, with a minimum and maximum cap. SPICe+ has an integrated stamp-duty payment module that calculates the duty based on the State of registered office declared in Part A and remits it to the State Treasury. The duty applies once at incorporation; subsequent increases in authorised capital under Section 61 attract additional duty on the incremental amount, payable along with the SH-7 filing.

Tamil Nadu duty structure

In Tamil Nadu, the Indian Stamp Act 1899 as amended by the Tamil Nadu Government applies. The stamp duty on Memorandum of Association under Article 39 of Schedule I to the Indian Stamp Act (Tamil Nadu) is ₹200. The stamp duty on Articles of Association under Article 10 is 0.5% of authorised share capital subject to a maximum of ₹5,00,000. For incorporation with authorised capital of ₹1 lakh, the total stamp duty is approximately ₹700; for authorised capital of ₹10 lakh, approximately ₹5,200; for authorised capital of ₹1 crore, approximately ₹50,200. The duty is paid through the SPICe+ integrated module to the Tamil Nadu Treasury. Where additional places of business are in Tamil Nadu, no further State-specific stamp duty is triggered at the incorporation stage — INC-22 changes attract a flat ₹100 duty.

What Akkarai clients usually ask next: Closer to Akkarai, for Akkarai's premium business segment that values fixed-fee compliance with senior-practitioner involvement.

Glossary

Plain-English glossary for this service

MOA

MOA stands for Memorandum of Association — the charter document that defines the company's name, registered office state, object clauses, liability clause, capital clause and subscriber clause. It binds the company to act only within the powers given in the object clause; transactions outside attract the ultra-vires doctrine.

AOA

AOA stands for Articles of Association — the internal rule book of the company covering share-capital management, board procedure, transfer of shares, dividend, accounts and winding-up. Private companies usually adopt Table F of Schedule I of the Companies Act 2013 with modifications, filed electronically as INC-34.

INC-22

INC-22 is the e-form intimating the registered office address to the Registrar of Companies. It must be filed within thirty days of incorporation if the office was not declared in SPICe+ itself, accompanied by utility bill, NOC from the owner, and rent agreement on the appropriate stamp paper.

INC-20A

INC-20A is the declaration of commencement of business filed under Section 10A within 180 days of incorporation. It is supported by a bank statement showing receipt of subscription money from every shareholder and certified by a practising professional. Without INC-20A the company cannot borrow, transact or exercise borrowing powers.

AGILE-PRO-S

AGILE-PRO-S is the linked attachment to SPICe+ that triggers automatic allotment of GSTIN, EPFO registration, ESIC registration, professional tax registration in select states and a current bank account. It is optional for some heads but mandatory for EPFO and ESIC where applicability is declared.

RUN

RUN stands for Reserve Unique Name — a standalone web service on the MCA portal for reserving or changing a company name independent of incorporation. Since SPICe+ Part A bundled name reservation, RUN is now mostly used for change-of-name applications post-incorporation, with one resubmission allowed within fifteen days.

Subscriber sheet

Subscriber sheet refers to the last page of the MOA and AOA where the initial shareholders sign opposite their proposed shareholding. In the electronic MOA-AOA route under INC-33 and INC-34, the subscriber sheet is replaced by Class-3 DSC signatures of the subscribers, witnessed digitally by a practising professional.

INC-9

INC-9 is the auto-generated declaration by the first subscribers and directors confirming they are not convicted of any offence, have not been declared insolvent and have not been guilty of misfeasance in the preceding five years. It is system-generated in SPICe+ and signed with each declarant's Class-3 DSC.

Authorised capital

Authorised capital is the maximum share capital the company is permitted to issue, declared in the capital clause of MOA. Stamp duty and ROC fee under SPICe+ are computed on this number. Increasing it later requires a special resolution and SH-7 filing with fresh stamp duty, so founders usually set it modestly higher than immediate need.

Paid-up capital

Paid-up capital is the portion of subscribed capital actually paid into the company by shareholders. It is reflected in the first bank statement after incorporation and forms the evidentiary base for INC-20A. The Companies Amendment Act 2015 removed the minimum paid-up capital requirement, allowing incorporation with ₹1.

Table F

Table F is the model set of Articles of Association set out in Schedule I of the Companies Act 2013 for a company limited by shares. Most private companies adopt Table F with limited modifications such as entrenchment clauses under Section 5(3) and pre-emption rights, instead of drafting from scratch.

Entrenchment clause

Entrenchment clause is an article in the AOA that requires more restrictive procedures — say unanimous shareholder consent — to alter certain specified provisions than the special resolution route under Section 14. Section 5(3) permits entrenchment if agreed by all members at incorporation, used commonly for founder-protective and investor-protective AOA terms.

Cost of Non-Compliance

Real-world penalty exposure

Numerical examples showing tax + interest + penalty across common default scenarios.

ScenarioBase taxInterestPenaltyTotal
Annual financial statements AOC-4 not filed within thirty days of AGM under Section 137NilNil₹10,000 on company plus ₹100 per day continuing default, capped at ₹2,00,000; officers ₹10,000 plus ₹100 per day capped at ₹50,000 (Section 137(3))₹10,000 + per-day continuing fine
Annual return MGT-7 not filed within sixty days of AGM under Section 92NilNil₹10,000 on company plus ₹100 per day continuing, capped at ₹2,00,000; officers ₹10,000 plus ₹100 per day capped at ₹50,000 (Section 92(5))₹10,000 + per-day continuing fine
Directors disqualified under Section 164(2)(a) for three years of AOC-4 / MGT-7 defaultNilNilFive-year debar under Section 164(2) proviso; DIN deactivation across all companies; bar from re-appointment as directorDIN deactivation + 5-year debar
Registered office address change not intimated via INC-22 within thirty days under Section 12(4)NilNil₹1,000 per day continuing default capped at ₹1,00,000 on the company and every officer in default (Section 12(8))₹1,000 per day capped at ₹1,00,000
DIR-3 KYC missed by 30 September deadline, DIN deactivated under Rule 12ANilNil₹5,000 reactivation fee per DIN; deactivation blocks all e-form filings requiring director DSC during the deactivation period₹5,000 per DIN
INC-22A ACTIVE not filed within original deadline, company marked ACTIVE non-compliantNilNil₹10,000 additional fee on delayed filing; status freeze blocking SH-7, PAS-3, INC-22, DIR-12 e-forms during non-compliance₹10,000 + transactional blockage

How Akkarai businesses typically avoid these: Closer to Akkarai, the business activity radiating outward from Akkarai Beach and nearby commercial pockets, which is why for Akkarai's premium business segment that values fixed-fee compliance with senior-practitioner involvement.

By Industry

Industry-specific patterns in Akkarai

How the local trade mix shapes this — Across Akkarai, the business activity radiating outward from Akkarai Beach and nearby commercial pockets.

Hospitality
Common issue: Hotel and restaurant Private Limiteds operating from leased premises frequently produce a lease deed in the promoter's individual name as registered-office proof. The Registrar rejects the SPICe+ filing because Section 12(1) requires the registered office to be in the name of the company or to have a clear NOC from the lessee.
How we handle it: Either execute a fresh lease deed in the company's name after incorporation and file INC-22 within thirty days, or annex a notarised NOC from the individual lessee permitting the company to use the premises as registered office, along with the underlying lease deed and latest utility bill.
Real Estate
Common issue: Real-estate Private Limiteds incorporated by joint-venture partners often omit reserved-matter clauses from the AOA, relying on a separate shareholders' agreement. The SHA cannot be enforced against the company without AOA incorporation under Section 6 read with the Supreme Court ruling in Vodafone International, leading to deadlock at the first commercial dispute.
How we handle it: Draft the AOA to incorporate reserved-matter, drag-along, tag-along and pre-emptive-right clauses from the SHA explicitly. The AOA filed with SPICe+ Part B becomes the binding charter under Section 5 and is enforceable against the company and all its shareholders.
Hospitality
Common issue: Restaurant Private Limiteds operating across multiple locations frequently incorporate under one Private Limited and open additional places of business without filing INC-22 within thirty days of each new outlet opening. The default attracts Section 12(8) penalty of ₹1,000 per day per outlet up to ₹1 lakh.
How we handle it: Treat every new outlet as a 'change in situation' under Section 12(5) read with Rule 27 and file Form INC-22 within thirty days of the date the outlet becomes operational. Maintain a register of additional places of business cross-referenced with GST registration and Shops & Establishments registration.
IT Services
Common issue: IT-services founders incorporating a Private Limited under Section 7 of the Companies Act 2013 frequently choose 'main object' language that is too narrow — drafting MOA Object Clause III(A) for 'software services to domestic clients' and later discovering they cannot raise overseas equity or undertake SaaS-licensing without an MOA amendment under Section 13. The narrow object clause also restricts FDI reporting flexibility under the Consolidated FDI Policy.
How we handle it: Draft Object Clause III(A) broadly enough to cover software development, IT-enabled services, SaaS-licensing, cloud-platform operation and digital-product distribution. Cross-reference NIC-2008 codes 6201, 6202, 6311 inside SPICe+ Part B. Where future-FDI inflow is contemplated, ensure the object permits sectoral activity under automatic-route entries 5.2.6 / 5.2.7 of the FDI Policy.
IT Services
Common issue: IT startups operating from co-working seats sometimes declare the co-working address as registered office under Section 12 with only an allocation letter. The Registrar of Companies issues a Form INC-22A (ACTIVE) deficiency on physical-verification failure because the seat is not exclusively allocated and lacks an independent rent agreement.
How we handle it: Procure a co-working bundle comprising the operator's own rent / lease deed copy, latest electricity bill in the operator's name and a notarised NOC for the specific seat allocation. File INC-22 within thirty days of incorporation with these three documents and a board resolution under Section 173 ratifying the address.
Case Studies

Anonymised engagements we have handled

Real client situations (names changed); illustrative of the kind of work we do.

First AGMHospitality

Section 96 first AGM extension via Registrar application

Issue: A restaurant private limited incorporated on 5 February of one financial year had a first AGM deadline of nine months from the financial-year close under Section 96(1) proviso. Operational delays meant the audited financials were not ready, prompting an extension application to the Registrar.
Approach: We filed an extension application to the Registrar two months before the original AGM due date citing bona fide audit delays and the company's nascent operations, secured the Registrar's order extending the deadline by three months under Section 96(1) third proviso, and held the first AGM within the extended window with audited Section 134 board's report and CARO 2020 audit annexure.
Outcome: Registrar extension granted; first AGM held within the extended window; AOC-4 and MGT-7 filed within thirty days of AGM; no Section 99 penalty for delayed AGM; the practitioner discipline of timely extension application saved approximately ₹50,000 in delayed-filing fines.
Director related-partyRestaurants

Two-director company tried to operate with both directors as relatives — Section 184 trap

Issue: A restaurateur in T Nagar incorporated a private limited company with himself and his wife as the two directors. The company began transacting with his existing proprietorship for kitchen-equipment supply within month one. Section 184(2) requires every director to disclose interest in any contract or arrangement entered into by the company with a body in which he is also interested. Both directors had the same disclosure to make and the first board meeting minutes did not capture the disclosure properly.
Approach: We redrafted the first board meeting minutes to include Form MBP-1 disclosures from both directors covering the interest in the proprietorship. We obtained the related-party contract on the company's letterhead with arm's-length pricing supported by a third-party comparable quote on file. We also flagged the Section 188 approval requirement for the threshold transactions and prepared a board resolution route since the value was below the AOA-defined limit.
Outcome: MBP-1 forms backdated to first board meeting and filed in the statutory register MGT-1; related-party transaction documented within Section 188 compliance; no Section 184(4) imprisonment-or-fine exposure crystallised; client now files MBP-1 fresh at the start of every financial year.
INC-22Hospitality

Registered office change during INC-22 30-day window

Issue: A restaurant private limited incorporated with the founder's residence as registered office wanted to shift to the commercial premises secured for the restaurant within fifteen days of COI. Section 12(4) requires INC-22 to be filed within thirty days of any change of registered office; INC-22 in this case was the inaugural filing too.
Approach: We filed INC-22 capturing the commercial premises with utility bill, registered rent agreement and the property-owner NOC under Rule 25(1)(d) of the Incorporation Rules. A board resolution authorising the registered-office change was passed and attached. The new address fell within the same ROC jurisdiction so no INC-23 Regional Director approval was required.
Outcome: INC-22 accepted on first scrutiny; new registered office reflected in the master data within 7 working days; GST and bank intimations completed; no additional fee under Section 12(8); the matter highlighted the practitioner discipline of completing INC-22 within the statutory window irrespective of business pressures.
Section 188Hospitality

Section 188 related-party approval for founder's office lease

Issue: A newly incorporated restaurant private limited took its registered office on lease from the founder-director's own proprietorship at a monthly rent of ₹75,000. Section 188(1) requires either ordinary resolution or board approval depending on the threshold ratio, since the founder is a related party under Section 2(76)(iv).
Approach: We computed the proposed transaction against the Rule 15(3) of the Meetings of Board and its Powers Rules thresholds — the annual rent fell within ten per cent of turnover (zero in the first year, prompting the strict reading) — and convened a board meeting under Section 173 to approve the lease as a related-party transaction. The independent valuation report from a registered valuer was annexed; AOC-2 disclosure was prepared for the first annual financials.
Outcome: Board resolution approving the related-party lease passed unanimously; AOC-2 disclosure annexed to the first annual financial statements; the related-party transaction survived the first statutory audit; the company's compliance position on Section 188 was documented for future investor diligence.

Why these Akkarai engagements look the way they do: Closer to Akkarai, the business activity radiating outward from Akkarai Beach and nearby commercial pockets, which is why for Akkarai's premium business segment that values fixed-fee compliance with senior-practitioner involvement.

Client Reviews

What Akkarai Clients Say

Vignesh K
Pvt Ltd Company Registration
“Incorporated my SaaS company through FilingPro in Akkarai. Name reservation came through in two days, Part B with DIN, PAN and TAN was approved on day 8. The professional drafted the AOA with proper entrenchment for our investor round. Clean filing, no resubmission.”
2 months agoVerified Client
Sundararaman M
Pvt Ltd Company Registration
“We had two foreign directors based in Singapore. The apostille coordination, DIN application and Section 149(3) resident director planning was handled methodically. INC-9 and Aadhaar e-KYC for the Indian co-founder went through without a single rejection. Highly professional.”
3 months agoVerified Client
Karthik S
Pvt Ltd Company Registration
“Our family business required entrenched MOA and AOA to protect the existing partners' rights post-incorporation. FilingPro drafted the AOA under Section 5(3) with specific entrenchment clauses covering share transfer and director appointment. Other consultants we spoke to didn't even know what entrenchment meant.”
4 months agoVerified Client
Ramya P
Pvt Ltd Company Registration
“The first board meeting minutes, Section 139(6) auditor appointment, share certificates and statutory registers were all delivered within 30 days of incorporation. INC-20A was filed on day 90 well within the 180-day window. We didn't have to chase anything.”
6 weeks agoVerified Client
Prakash V
Pvt Ltd Company Registration
“Our previous CA missed the Section 10A INC-20A filing for an earlier company and we faced a ₹50,000 penalty plus daily officer penalty. FilingPro tracks every post-incorporation compliance window in a written calendar. That kind of discipline is rare.”
2 months agoVerified Client
Divya N
Pvt Ltd Company Registration
“The custom MOA object clause specifically excluded NBFC and Nidhi activities and stayed within Section 4(1)(c) — important since our business touches lending-adjacent fintech. The certifying professional's review caught one ambiguous sub-clause that could have triggered RBI sectoral NOC. Saved us months of rework.”
1 month agoVerified Client
4.9
312+ reviews
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Common Questions

Pvt Ltd FAQ — Akkarai

Common questions from Akkarai clients. Call 9566-068-468 for specific queries.

A practising Chartered Accountant, Company Secretary, Cost Accountant or Advocate is required to certify the SPICe+ application. The professional declares that the documents have been verified, the proposed company complies with all applicable provisions and the registered office has been visited or satisfactorily verified. Misdeclaration attracts penalty under Section 7(5)/(6) and disciplinary action by the respective Institute.
Section 73(2) prohibits a private company from accepting deposits from persons other than its members, directors and their relatives without complying with the conditions of Section 73(2). Money received from a director or relative of a director must be accompanied by a declaration that the amount is not from borrowed funds (Rule 2(1)(c)(viii) of the Companies (Acceptance of Deposits) Rules 2014). Contravention attracts Section 76A — fine ₹1 crore to ₹10 crore and prosecution.
Yes — we handle Pvt Ltd Company Registration for individuals and businesses across Akkarai (PIN 600119) and nearby Injambakkam. The work is done end-to-end by our own team, with documents collected online over WhatsApp or email and in-person meetings available at our Maduravoyal and Nerkundram offices. Call 9566-068-468 to begin.
Section 4(1) prescribes that the MOA contain the Name Clause, Registered Office (State) Clause, Object Clause (main and ancillary objects), Liability Clause, Capital Clause and Subscription Clause. INC-33 is the electronic form of the MOA where the company adopts one of Tables A to E of Schedule I depending on whether limited by shares or by guarantee, public or private. Subscribers sign INC-33 with their DSC inside SPICe+.
Part A allows reservation of up to two proposed names with one resubmission. The fee under the Companies (Registration Offices and Fees) Rules 2014 is ₹1,000. Once approved, the name is reserved for 20 days from the date of approval (extendable on payment) within which Part B incorporation must be filed. Names are screened against Section 4(2)/(3), Rule 8 and Rule 8A — undesirable names, names resembling existing companies/LLPs and names requiring Central Government approval.
Turnaround depends on the service and how quickly you share documents. Once we have a complete set, Pvt Ltd for Akkarai clients moves without avoidable delay, and we keep you posted at each stage. We give a realistic timeline upfront rather than an optimistic one.
SPICe+ is the integrated web form notified by MCA effective 23-Feb-2020 replacing the earlier SPICe (INC-32) PDF utility. It has two parts — Part A for name reservation and Part B for incorporation, DIN allotment, mandatory PAN/TAN, EPFO, ESIC, Profession Tax (in Maharashtra, Karnataka, West Bengal) and bank account opening. The linked AGILE-PRO-S (INC-35) carries the GSTIN, EPFO, ESIC, Profession Tax and bank account fields.
MGT-7/MGT-7A annual return must be filed within 60 days of the AGM under Section 92(4). AOC-4 financial statements must be filed within 30 days of the AGM under Section 137. For the first year, both filings are due reckoning from the first AGM held within nine months of close of first financial year. Persistent default for two financial years triggers Section 164(2) — director disqualification — and Section 248 strike-off.
Delays in statutory work can mean penalties, interest or blocked services that usually cost far more than acting on time. For Akkarai clients we track the relevant due dates and remind you in advance so Pvt Ltd stays on schedule. Call 9566-068-468 if you suspect you have already missed a deadline.
A practising CA, CS, Cost Accountant or Advocate signs off the incorporation pack. The certifier attests that supporting documents have been examined, that the proposed entity meets every applicable provision of the 2013 statute and its rules, and that the address tendered as registered office has been inspected or otherwise verified to satisfaction. Sign-off carries personal exposure under Section 7(5) and 7(6) — misdeclaration triggers monetary penalty alongside disciplinary action by the home institute. Beyond the certificate text, the same professional applies a Class 3 DSC to INC-32, INC-33, INC-34 and the linked AGILE-PRO-S form before submission to MCA.
Section 61(1)(d) authorises a company to subdivide its shares into shares of smaller denomination provided the proportion of paid-up to unpaid amount is preserved. The Board passes a resolution and members approve by ordinary resolution. SH-7 is filed with the Registrar within 30 days. Subdivision is commonly used pre-investment to bring nominal value to ₹10 or ₹1 per share for investor-friendly capitalisation tables.
Your engagement is handled by our in-house team led by Ravivarman R (Founder, 15+ years, 500+ engagements), with M. E. Chokkalingam on compliance and S. Jayaprakash on GST matters. You deal with named, qualified people throughout your Pvt Ltd Company Registration — not a call centre.
Section 12(1) requires every company to have a registered office capable of receiving and acknowledging communications from the date on which it begins to carry on business or within 30 days of incorporation, whichever is earlier. Where the registered office address is provided in SPICe+ itself, separate filing of INC-22 is not required. Where the address is to be intimated later, INC-22 with proof of registered office must be filed within 30 days under Rule 25.
The registered office obligation springs from Section 12. A company must hold an address able to acknowledge correspondence either when it commences operations or by the thirtieth day after the certificate is issued, taking the earlier of the two milestones. Furnishing the address inside SPICe+ at the outset removes any need for a separate INC-22 intimation. Where the founders prefer to defer the address declaration, INC-22 with proof must be lodged inside the thirty-day window. Acceptable proof typically combines a current utility bill, the lease deed or title document, and a written consent from the premises owner.
For first-time directors who do not already hold a DIN, the Director Identification Number is allotted simultaneously with incorporation through SPICe+ Part B itself — a separate DIR-3 application is not required. Section 153 read with Rule 9 of the Companies (Appointment and Qualification of Directors) Rules 2014 governs allotment. Up to three DINs can be applied through SPICe+ for proposed first directors. Existing directors quote their DIN.
Common reasons noted by jurisdictional Registrars — name not distinct from existing entity (Rule 8), object clause vague or covering regulated activities without sectoral NOC, mismatch between DSC and DIN PAN, registered office documents older than two months, NOC from owner missing or not signed, certifying professional's COP not active, subscriber address proof not self-attested, paid-up capital declared higher than amount actually subscribed in MOA. Resubmission within 15 days under MCA service standard.

Across Akkarai we look after firms on 2nd Cross street, 2nd Main Road, 31st Cross Street, 3rd street and 4th Circular Road as well as the 4th south main road, 5th street, East Coast Road and Blue Beach Road corridors — local Pvt Ltd without the cross-city travel.

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Professional Pvt Ltd Company Registration in Akkarai, Chennai. Call @ 9566-068-468. Offices at Maduravoyal, Nerkundram & Nolambur (upcoming). 15+ years experience, 4.9★ rated.

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