Rated 4.9/5 by 312+ Chennai clientsZero penalty record across all filings24-hour response · WhatsApp-first supportOffices: Maduravoyal, Nerkundram & Nolambur (upcoming)15+ years of expert tax & compliance consulting500+ active clients across 243 Chennai areasRated 4.9/5 by 312+ Chennai clientsZero penalty record across all filings24-hour response · WhatsApp-first supportOffices: Maduravoyal, Nerkundram & Nolambur (upcoming)15+ years of expert tax & compliance consulting500+ active clients across 243 Chennai areas
Chetpet & Kilpauk · Pvt Ltd practitioners

Chetpet Pvt Ltd Company Registration — Chennai North

Pvt Ltd Company Registration for education units around Chetpet MRTS, Chetpet — with a documented, audit-ready process

Professional Pvt Ltd Company Registration in Chetpet (PIN 600031), Chennai — fixed fee, deterministic turnaround and archived working papers. Call 9566-068-468.

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Quick Answer

What role does NCLT play in fraudulent incorporation under Section 7(7) in Chetpet, Chennai?

Section 7(7) inserted to address fraud at incorporation empowers the Tribunal, on application of the Registrar or any aggrieved person, to pass orders for regulation of management, removal of name from register, declaration of liability of members as unlimited, winding up of the company or any other order it deems fit. Misstatement at incorporation under Section 447 attracts imprisonment of six months to ten years and fine three times the amount involved.

Transparent Pricing

Pvt Ltd Company Registration in Chetpet — 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 Chetpet Clients Choose FilingPro

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

Section 149(3) Resident Director Mapped at Incorporation

For Chetpet 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 Chetpet jurisdictional Registrar, eliminating Section 12(9) physical verification rejection that triggers Section 248(1)(d) strike-off.

Section 10A INC-20A Filed Within 180 Days

000 penalty exposure eliminated

Section 173 First Board Meeting Within 30 Days

First board meeting drafted and held within 30 days of incorporation. Section 184 director interest disclosure in MBP-1, Section 139(6) auditor appointment, opening of bank account, preliminary expenses approval — all minuted in the Section 118 minutes book.

Key Benefits

What Chetpet Clients Get

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

Section 10A INC-20A Within 180 Days
INC-20A commencement of business declaration filed within 180 days of incorporation under Rule 23A. Chetpet clients on Professional and Premium plans never face ₹50,000 company penalty or Section 248(1)(d) strike-off.
Section 173 Board Meeting Minutes
First board meeting minutes drafted under Section 173 and signed by chairman within 30 days. Section 184 disclosure of interest in MBP-1, Section 139(6) auditor appointment, banking resolution and preliminary expenses approval all minuted under Section 118.
Section 90 SBO Declaration
Significant Beneficial Owner identification under Section 90 read with the SBO Rules 2018 done at incorporation. BEN-1 declaration from each SBO and BEN-2 filing by the company within 30 days — Section 90(11) ₹10 lakh penalty exposure prevented.
Foreign Director Apostille Coordination
For Chetpet promoters with foreign nationals as proposed first directors, passport and address proof are apostilled under the Hague Apostille Convention 1961 (or consularised through the Indian Embassy in non-signatory countries) — DIN allotted without rejection.
Litigation-Ready Record Retention
MOA, AOA, INC-32/33/34, INC-9, INC-22, INC-20A, MBP-1, BEN-2, board minutes, share certificates, members register and statutory registers retained for at least 8 years under Section 128(5) — meeting Section 207 inspection and Section 206 inquiry requirements.
Investor Diligence Friendly From Inception
Venture funds and family offices conducting diligence on Series A targets routinely flag missing statutory registers, weak BEN-2 compliance and informal share certificates. Companies incorporated through us begin life with the diligence file already populated, meaning founder time during a closing is spent negotiating commercials rather than reconstructing primary records.
Comparison

Private Limited vs LLP

Why this matters here — In Chetpet, the cluster of education, healthcare, residential businesses that defines Chetpet's commercial fabric; served by short connections to Kilpauk and Nungambakkam and onward to central Chennai.

AspectPrivate LimitedLLP
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
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
Documents Required

Documents for Pvt Ltd Company Registration

Share documents via WhatsApp to 9566-068-468. No office visit required for Chetpet 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 — In Chetpet, the business activity radiating outward from Chennai Press Club and nearby commercial pockets.

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
Close of first financial year — annual return filing60 daysMGT-7 (filed within 60 days of AGM)Section 92(5) penalty of ₹10,000 on company plus ₹100 per day continuing default capped at ₹2 lakh on company and ₹50,000 on every officer
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 Chetpet: For Chetpet engagements specifically — for the professional and salaried population of Chetpet navigating personal-tax and home-office GST.

Forms Library

Forms used in this engagement

INC-20ADeclaration for Commencement of Business

Declaration by a director that every subscriber has paid the value of shares subscribed and that verification of registered office under Section 12(2) has been filed, supported by bank statement evidencing subscription money

Within 180 days of incorporation Registrar of Companies
INC-22Notice of Situation or Change of Situation of Registered Office

Filed to verify the registered office address where the same was not declared in SPICe+, or on any subsequent change of registered office, supported by utility bill and NOC from owner

Within 30 days of incorporation or change Registrar of Companies
DIR-2Consent to Act as Director

Written consent by every person proposed for first directorship to act as director, attached to SPICe+ Part B; failure renders the appointment void ab initio

Before incorporation Filed with the company, attached to SPICe+ Part B
DIR-3 KYCApplication for KYC of Directors

Annual KYC filing by every individual holding a DIN as on 31 March; captures mobile, email and address with OTP verification, supported by DSC and certification by a practising professional

On or before 30 September following the relevant 31 March Central Registration Centre
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

Pvt Ltd Company Registration in Chetpet, Chennai 600031

Because PIN 600031 sits inside the Chennai North jurisdiction, the handling office for Chetpet stays consistent across years, which matters when filings or approvals span cycles. Statutory correspondence for Chetpet businesses routes through the Anna Nagar Division, so we align every Pvt Ltd Company Registration engagement to that jurisdiction from the start. We keep a cycle-by-cycle record of how the Anna Nagar Division of the Chennai North handles Chetpet filings and approvals. The 600xx geo-zone covering Chetpet groups several locality clusters under common administration, keeping documentation expectations predictable.

Working in Chetpet brings a logistical edge: proximity to Chennai Press Club and the Chetpet MRTS corridor keeps physical document handling fast. Most commerce in Chetpet — invoices, expenses, purchases and statutory records — eventually surfaces in the Pvt Ltd working file we maintain for clients here. The businesses clustered around Chennai Press Club in Chetpet drive the bulk of the Pvt Ltd Company Registration workload we see each cycle. Each Pvt Ltd Company Registration cycle for Chetpet reflects its commercial rhythm — invoices generated near Chennai Press Club, expenses routed through the Chetpet MRTS freight network.

residential units around Chetpet share recurring Pvt Ltd patterns — input-credit timing, vendor reconciliation, and sector-specific documentation. Sector concentration matters: when Chetpet leans toward residential, the Pvt Ltd risks cluster around the same few line items each cycle. We have closed enough Pvt Ltd Company Registration files for residential firms near Chetpet to know where the department usually probes. The residential firms we serve in Chetpet value a Pvt Ltd partner who already understands their sector's compliance rhythm.

The qualified-review step on every Chetpet Pvt Ltd file is where errors get caught before they reach the portal. Our Chetpet Pvt Ltd process is built to be predictable, documented, and on time, cycle after cycle. Working papers for Chetpet 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 Chetpet so nothing in the cycle is improvised or missed.

Proximity to Nungambakkam means a Chetpet engagement can extend across the locality cluster with no change in cadence. Serving Chetpet and Nungambakkam from one team keeps Pvt Ltd Company Registration turnaround identical across the cluster. Pvt Ltd Company Registration clients in Nungambakkam are handled by the same practitioners who run our Chetpet desk. Group companies spread across Chetpet and Nungambakkam consolidate their Pvt Ltd under one engagement with us.

Over several cycles in Chetpet, the recurring Pvt Ltd Company Registration issues cluster around a predictable short list we screen for early. Sector signals in Chetpet — seasonal healthcare swings and peak-period volumes — shape how we schedule Pvt Ltd work. The Pvt Ltd Company Registration mistakes we see most in Chetpet are avoidable with disciplined intake, which our checklist enforces. Because we work repeatedly across Chetpet, we can benchmark a new client's Pvt Ltd Company Registration position against the locality norm.

New residential ventures in Chetpet lean on us to stand up Pvt Ltd Company Registration correctly before the first deadline rather than after a notice. We onboard new Chetpet entities onto a Pvt Ltd Company Registration cadence that is audit-ready from the very first cycle. Incorporating in Chetpet comes with jurisdiction, registration and Pvt Ltd steps that we sequence so nothing stalls the launch. A startup setting up near Chetpet MRTS in Chetpet gets a Pvt Ltd foundation built for the Anna Nagar Division from day one.

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Expert Guide

Pvt Ltd Company Registration in Chetpet — Complete Guide

Founders rarely think about Series A clauses on day one, but the AOA we draft anticipates them. Authorised capital is set with headroom, share classes accommodate equity and CCPS conversion mechanics, and entrenchment under Section 5(3) protects founder voting where required. This avoids a later MGT-14 amendment exercise during investor closing, which often arrives under time pressure.

Private Limited Company Registration in Chetpet, Chennai

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

Company Registration Consultant in Chetpet — Companies Act 2013

A practising professional in Chetpet 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 Chetpet

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 Chetpet first directors.

INC-20A Commencement Compliance for Chetpet 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.

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Qualified professionals handle your Pvt Ltd in Chetpet. WhatsApp documents — we begin within 24 hours. From ₹7,500/one-time. Free consultation.
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From ₹7,500/one-time
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Offices at Maduravoyal, Nerkundram & Nolambur (upcoming)
Key Facts — Pvt Ltd Company Registration in Chetpet
SPICe+ Part A — two name proposals filed at ₹1,000 fee with Rule 8 distinctness check; reservation valid for 20 days for Chetpet 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 Chetpet 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 Chetpet
How long does private limited registration take through SPICe+ in Chetpet?
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 Chetpet?
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 annual filings are required for a private limited?

Mandatory annual filings include AOC-4 within thirty days of AGM, MGT-7 within sixty days of AGM, DPT-3 by 30 June, MSME-1 half-yearly, DIR-3 KYC by 30 September, and income-tax return ITR-6 by the Section 139 due date.

How is a private limited struck off voluntarily?

Voluntary strike-off under Section 248(2) is initiated by filing STK-2 with the Registrar after clearing pending compliances and dues; STK-3 director affidavit, STK-4 indemnity bond and STK-8 audited financials up to thirty days before STK-2 are annexed.

What happens if I do not file annual returns for years?

Three consecutive years of non-filing attracts Section 164(2)(a) director disqualification with DIN deactivation for five years, plus Section 248 suo motu strike-off by the Registrar. Restoration requires Section 252 NCLT application with costs.

Can I appoint my spouse as a director?

Yes, a spouse can be appointed as a director subject to meeting basic eligibility under Section 152 — DIN, DSC, written consent in Form DIR-2, and absence of Section 164 disqualification. Related-party transactions thereafter need Section 188 compliance.

What is the difference between subscribed and authorised capital?

Authorised capital is the maximum share capital the company can issue under the Capital Clause of MoA; subscribed capital is what subscribers have agreed to take at incorporation. Paid-up capital is what has actually been paid against subscribed shares.

Is a board meeting required after incorporation?

Yes, the first board meeting must be held within thirty days of incorporation under Section 173(1) of the Companies Act 2013, followed by at least four board meetings every year with no gap exceeding 120 days between consecutive meetings.

What Chetpet clients want to know before signing: For Chetpet engagements specifically — in the education and residential with healthcare micro-market of Chetpet.

Expert Guide

A complete walkthrough — Pvt Limited Registration

Reading this guide locally — In Chetpet, in the education and residential with healthcare micro-market of Chetpet.

What Private Limited incorporation means under Indian company law

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.

Distinction from One Person Company and LLP

Section 2(68) defines a Private Limited as a company having a minimum paid-up share capital as may be prescribed and which by its articles restricts the right to transfer its shares, limits the number of members to two hundred (excluding present and former employee-members) and prohibits any invitation to the public to subscribe for any securities. The OPC under Section 2(62) is a company with only one person as member — a sub-form of Private Limited but with restrictions on conversion above turnover / capital thresholds under Rule 6 of the Incorporation Rules. The LLP under the Limited Liability Partnership Act 2008 is a hybrid form with partner-based governance under the LLP Agreement, no minimum capital, and a simpler annual filing regime under Form 8 and Form 11. The choice among Private Limited, OPC and LLP turns on the number of promoters, the need for ESOP issuance, contemplation of external investment under Section 42, and the comfort with annual compliance cost.

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.

Strike-off under Section 248

Director disqualification consequence

Section 164(2)(a) disqualifies a person from being appointed or reappointed as a director of any company for a period of five years if he has been a director of a company that has not filed financial statements or annual returns for any continuous period of three financial years. The disqualification is automatic and operates from the date of the third default. The MCA periodically publishes lists of disqualified directors based on data analytics on AOC-4 / MGT-7 non-filings. Strike-off under Section 248(1)(c) directly triggers Section 164(2) disqualification. Restoration of disqualification requires either Section 252 revival of the struck-off companies (which extinguishes the underlying default) or a writ petition before the High Court demonstrating that the disqualification was wrongly imposed. The interaction of Section 164(2) and Section 248 is a routine litigation flashpoint.

Voluntary strike-off application

Section 248(2) read with Rule 4 of the Companies (Removal of Names of Companies from the Register of Companies) Rules 2016 allows a company to apply for voluntary removal of its name from the Register on the grounds that it has discontinued business or has no assets / liabilities, by filing Form STK-2 with the Registrar. Pre-conditions: the company must have extinguished all its liabilities, obtained consent of seventy-five percent of members by value in a special resolution, and not have made any application under Section 230 to 233 (compromise / arrangement) in the preceding three months. The application is accompanied by an indemnity bond from directors in STK-3, a statement of accounts certified by a CA in STK-8 (not older than thirty days), an affidavit in STK-4 from each director, and the requisite fee of ₹10,000. The Registrar publishes a notice in STK-6 inviting objections.

Suo-moto strike-off by Registrar

Section 248(1) empowers the Registrar to strike off a company's name suo moto on four grounds: (a) the company has failed to commence its business within one year of incorporation, (b) the company is not carrying on any business or operation for a period of two immediately preceding financial years and has not made any application under Section 455 for obtaining the status of a dormant company, (c) the subscribers to the memorandum have not paid the subscription which they had undertaken and a declaration to that effect under Section 10A has not been filed within 180 days of incorporation, (d) the company is not carrying on any business or operations as revealed after the physical verification carried out under Section 12(9). The Registrar issues a notice in STK-1 to the company and its directors inviting representations within thirty days before proceeding to strike off.

The Section 7 incorporation framework

Role of the Central Registration Centre

The Central Registration Centre established under Section 396 read with the Companies (Registration Offices and Fees) Rules 2014 processes all incorporation applications filed through SPICe+. The CRC, located in Manesar Haryana, replaces the State-level ROC for the incorporation stage — once the Certificate of Incorporation is issued, jurisdiction transfers to the State ROC where the registered office is situated. The CRC processes SPICe+ applications on a first-in-first-out basis with a service-level commitment of one working day for clean applications. Deficiencies are communicated through resubmission requests, with the applicant given fifteen days to cure each. Three resubmission rounds are permitted under Rule 38(4) before the application is rejected, requiring fresh filing with renewed fees.

Effect of registration and conclusive evidence

Section 7(2) provides that on registration of the memorandum and articles, the Registrar shall issue a Certificate of Incorporation. Section 9 states that from the date of incorporation mentioned in the certificate, the subscribers to the memorandum and all other members of the company shall be a body corporate by the name contained in the memorandum, capable of exercising all the functions of an incorporated company. The Certificate of Incorporation under Section 7(3) is conclusive evidence of the fact that the company has been duly registered under the Act. The Supreme Court in Hari Khemu Gawali v Deputy Commissioner of Police [AIR 1956 SC 559] and subsequent cases has confirmed that the certificate cannot be questioned in collateral proceedings — challenges must be through striking-off proceedings under Section 248 or scheme proceedings.

Subscribers and first directors

Under Section 7(1)(c) read with Section 3(1)(b), a Private Limited must have a minimum of two subscribers to the memorandum and a maximum of two hundred members. Each subscriber must subscribe to at least one share and sign the MOA and AOA in the presence of a witness. The first directors of the company under Section 152(2) are the persons named in the Articles of Association as such, or in the absence of such naming, the subscribers themselves. The minimum number of directors under Section 149(1)(a) is two for a Private Limited and Section 149(3) mandates at least one director who has stayed in India for at least 182 days during the financial year. Each first director must furnish a DIR-2 consent and a DIR-8 declaration of non-disqualification under Section 164(2). DIN for a first-time director can be obtained through SPICe+ itself without a separate DIR-3 application.

Name reservation under SPICe+ Part A

RUN versus integrated SPICe+ Part A

SPICe+ Part A, introduced in February 2020, integrates name-reservation with incorporation in a single web-form workflow on the MCA-21 portal. The applicant can apply Part A standalone (to reserve a name without immediately incorporating) or in continuation with Part B (to reserve and incorporate together). The earlier RUN service (Reserve Unique Name) continues for change-of-name applications but is no longer used for fresh incorporation. Two name proposals can be submitted ranked by preference, with a description of the proposed business activity and NIC-2008 codes. The CRC examines under Section 4(2) and Rule 8 and approves, rejects, or marks for resubmission within two working days. Approved names are reserved for twenty days from approval under Section 4(5), within which Part B must be filed.

Trade Marks Registry cross-search

Even if a proposed name clears the MCA-21 Section 4(2) test, the applicant must independently search the Trade Marks Registry (ipindia.gov.in) for prior trade mark filings in relevant classes. Rule 8B specifically prohibits names that infringe a registered trade mark or pending application — the CRC will reject on this ground if the Trade Marks Registry data is brought to its attention. The Bombay High Court in Bloomberg Finance LP v Prafull Saklecha [2014 (57) PTC 25 (Bom)] confirmed that a registered trade mark holder can compel a corporate-name change even after MCA registration. Prudent practice is to undertake a Trade Marks public-search and, where the proposed name is to become the brand, file a trade-mark application in parallel with SPICe+ Part A.

Resubmission and rejection consequences

If SPICe+ Part A is marked for resubmission, the applicant has fifteen days to file a revised name proposal addressing the CRC's objections. Two resubmission rounds are permitted before the application lapses. If the application is rejected outright, the fee of ₹1,000 is forfeited and a fresh Part A application must be filed. Where the rejection appears arbitrary — for example, a Section 4(2) resemblance call that the applicant disputes — the recourse is to file a representation to the Regional Director under Section 458 read with Rule 38(7), or to challenge the order before the National Company Law Tribunal. In practice, the cost-benefit usually favours filing a fresh Part A with a modified name rather than pursuing appellate remedies.

What Chetpet clients usually ask next: For Chetpet engagements specifically — for the professional and salaried population of Chetpet navigating personal-tax and home-office GST.

Glossary

Plain-English glossary for this service

Class-3 DSC

Class-3 DSC is the only category of digital signature certificate now accepted by the MCA21 portal for incorporation filings. It is issued by a CCA-licensed authority after Aadhaar paperless or video-based KYC and is typically valid for two or three years. Class-2 certificates were withdrawn from January 2021 onwards.

DIN

DIN means Director Identification Number — a unique eight-digit number allotted to every individual who intends to become a director of an Indian company. Under SPICe+ a fresh DIN is allotted directly through the incorporation form for up to three first-time directors, eliminating the older DIR-3 filing.

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.

Cost of Non-Compliance

Real-world penalty exposure

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

ScenarioBase taxInterestPenaltyTotal
Section 62(1)(c) preferential allotment without registered-valuer reportNilNilAllotment voidable; fine up to ₹5,00,000 under Section 450 default provision; Section 247(3) penalty on the valuer where applicableUp to ₹5,00,000
CHG-1 charge-creation form delayed beyond thirty days without Section 87 condonationNilNilAdditional fee escalating ten-fold under Section 403; beyond 120 days Registrar refuses filing without Section 87 Central Government condonationUp to 10x normal fee + condonation
Section 96 first AGM held beyond nine months from first FY close without extensionNilNilFine up to ₹1,00,000 on company plus ₹5,000 per day continuing default on officers under Section 99Up to ₹1,00,000 + per-day fine
Section 134 board's report omitting prescribed disclosures filed with AOC-4NilNilFine ₹3,00,000 to ₹25,00,000 on company; officer fine ₹50,000 to ₹5,00,000 under Section 134(8)Up to ₹25,00,000 + officer fines
Section 149(3) resident-director requirement breached for whole financial yearNilNilFine ₹50,000 on company plus ₹500 per day continuing default; officer fine similar (Section 172)₹50,000 + per-day fine
Section 139 statutory auditor not appointed within thirty days of incorporationNilNilAudit framework breakdown; Section 147(1) penalty ₹25,000 to ₹5,00,000 on company; officer fine ₹10,000 to ₹1,00,000Up to ₹5,00,000 + officer fines

How Chetpet businesses typically avoid these: For Chetpet engagements specifically — the cluster of education, healthcare, residential businesses that defines Chetpet's commercial fabric; for the professional and salaried population of Chetpet navigating personal-tax and home-office GST.

By Industry

Industry-specific patterns in Chetpet

How the local trade mix shapes this — In Chetpet, the cluster of education, healthcare, residential businesses that defines Chetpet's commercial fabric.

Healthcare
Common issue: Healthcare-clinic Private Limiteds frequently mis-classify the object clause as 'medical services' when the actual operation includes a pharmacy arm and diagnostic-lab arm. The narrow object triggers later registration friction under the Clinical Establishments Act and the State Pharmacy Council, and forces an MOA amendment.
How we handle it: Draft the MOA Object Clause III(A) to cover medical services, diagnostic laboratory services, pharmacy retail and tele-medicine in a single composite clause. Ensure NIC codes 8610, 8620, 8690 and 4772 are listed in SPICe+ Part B. This pre-empts the Section 13 special-resolution requirement.
Education
Common issue: Education-sector promoters frequently incorporate a Private Limited expecting to run a school or college, not realising that schools / colleges affiliated to State or Central boards must be promoted by a society, trust or Section 8 company — not by a for-profit Private Limited. The mis-formation surfaces only at the time of board affiliation.
How we handle it: Choose the entity form at the design stage. For affiliated schools / colleges, incorporate under Section 8 of the Companies Act with INC-12 licence after RD approval. A Private Limited is appropriate only for ed-tech, coaching, vocational training and ancillary services — draft the MOA accordingly.
Healthcare
Common issue: Hospital and nursing-home Private Limiteds incorporated by doctor-promoters often use the doctor's personal DSC for filing SPICe+ Part B without separately appointing an Authorised Signatory. This works for incorporation but creates friction at the GSTIN / EPFO / ESIC linkage stage in AGILE-PRO-S which expects a distinct signatory designation.
How we handle it: At the board meeting under Section 173 immediately after incorporation, pass a resolution under Section 179 designating the Authorised Signatory for GST, EPFO, ESIC and Profession Tax purposes. The same person can be a director; the distinction is one of role, not identity. File the resolution as an annexure to the AGILE-PRO-S linkage application.
Renewable Energy
Common issue: Renewable-energy Private Limiteds incorporated to set up solar / wind projects often draft the MOA with 'generation and distribution of electricity' without separating captive-generation from open-access supply. The State Electricity Regulatory Commission and the Electricity Act 2003 distinguish between the two licence regimes, and an unclear MOA delays the open-access approval.
How we handle it: Draft the MOA Object Clause III(A) with two distinct sub-clauses: (a) generation of electricity from renewable sources for captive consumption, and (b) generation, transmission, distribution and trading of electricity under Sections 14 and 39 of the Electricity Act 2003. This pre-empts SERC objections.
Agriculture
Common issue: Agricultural and agri-processing Private Limiteds incorporated for farm-gate aggregation activity sometimes use a generic 'trading' MOA that does not satisfy the APMC Mandi licence requirement under State Agricultural Produce Marketing Committee Acts. The Mandi licence is then refused on object-clause incompatibility.
How we handle it: Draft the MOA Object Clause III(A) to expressly include 'procurement, aggregation, grading, sorting, processing and distribution of agricultural produce'. NIC code 0163 / 1063 / 4620 in SPICe+ Part B. Apply for APMC Mandi licence immediately after incorporation in each State of operation.
Case Studies

Anonymised engagements we have handled

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

Section 73Education

Section 73 deposit compliance for member-loan acceptance

Issue: A coaching-centre private limited wanted to accept member loans from existing shareholders for working capital. Section 73(2) of the Companies Act 2013 prohibits a private limited from accepting deposits from members unless conditions in Rule 3 of the Deposit Rules are met, including the deposit-cap of 100 per cent of paid-up capital plus free reserves and securities premium.
Approach: We computed the company's Section 73 deposit cap, ensured the proposed member loans fell within the cap, passed the special resolution at an EGM authorising the deposit acceptance, filed MGT-14 with the resolution, and prepared the circular under Rule 4 with the credit-rating exemption available to private limiteds. The deposit-repayment reserve account was created under Rule 13.
Outcome: Member loans accepted under the regularised Section 73 framework; the company secured ₹40 lakh working capital from members at an agreed rate; the deposit-repayment reserve was funded by 30 April of each year; subsequent statutory audit captured the deposits with the Section 73 cross-reference.
INC-22 address proof rejectionCoaching

INC-22 registered office proof rejected because the rent agreement was unstamped

Issue: A coaching-centre founder in Kilpauk submitted an eleven-month rent agreement as INC-22 proof of registered office. The agreement was on plain paper, not on ₹100 non-judicial stamp paper as required by Article 35 of the Indian Stamp Act and Tamil Nadu Schedule. The CRC examiner flagged it as not legally enforceable and treated the address proof as defective. The thirty-day Section 12 window to intimate the registered office was already running.
Approach: We had the rent agreement re-executed on Tamil Nadu ₹100 stamp paper through a registered franking centre and got the landlord's notarised NOC on a separate ₹20 stamp. We attached the corrected agreement, the latest electricity bill in the landlord's name dated within two months, and the NOC into a single PDF in INC-22. We also confirmed the property tax receipt matched the landlord's name to pre-empt a follow-up query.
Outcome: INC-22 approved on resubmission within three working days; Section 12(8) penalty of ₹1,000 per day avoided because the company stayed inside the thirty-day window; we now insist on stamped-and-notarised rent agreement at the document intake stage before we even file SPICe+.
Paid-up capital declarationHealthcare

Paid-up capital declaration in INC-9 missed the bank statement match by ₹100

Issue: A two-doctor diagnostic-services company declared subscribed share capital of ₹1,00,000 in INC-9 but the founders deposited only ₹99,900 between the two of them into the newly opened company bank account. INC-20A commencement of business filing requires a bank statement showing receipt of full subscription money — Section 10A and Rule 23A of the Companies (Incorporation) Rules. The ₹100 mismatch caused the bank statement attachment to fail validation at the practising-professional certification stage.
Approach: We had each shareholder transfer the deficit so that the bank credits exactly matched the declared subscription amount and re-pulled a fresh bank statement showing both credits on the same day. We then filed INC-20A within the 180-day window with the corrected bank evidence, certified by a practising CA. We now share a one-page 'first banking checklist' with every promoter that lists the exact amounts to credit on day one.
Outcome: INC-20A filed and approved within seven working days; Section 10A(3) penalty of ₹50,000 on the company and ₹1,000 per day on each director avoided; bank account stood validated for the first audit; subscription money matched paid-up capital cleanly in the first financial statement.
DIN allotmentHealthcare

Director DIN allotment via SPICe+ for first-time director

Issue: A specialty clinic doctor incorporating a private limited had no DIN. Pre-2018 the route was DIR-3; post the Companies (Amendment) Act 2017 a first-time director's DIN is auto-allotted through SPICe+ Part B under Rule 9A of the Incorporation Rules. The doctor's KYC details did not match across PAN and Aadhaar databases.
Approach: We first updated the Aadhaar database to align name and date-of-birth with PAN through a UIDAI update centre, waited for the seeding update on the UIDAI portal, then filed SPICe+ Part B with the doctor's PAN-Aadhaar-aligned KYC. The DIN field was left blank to invoke auto-allotment under Rule 9A.
Outcome: DIN auto-allotted on COI issuance; certificate of incorporation issued within 11 working days; the doctor's DIN-1 KYC subsequently filed under Rule 12A of the Companies (Appointment and Qualification of Directors) Rules 2014 with the practitioner-affixed DSC.

Why these Chetpet engagements look the way they do: For Chetpet engagements specifically — the cluster of education, healthcare, residential businesses that defines Chetpet's commercial fabric; for the professional and salaried population of Chetpet navigating personal-tax and home-office GST.

Client Reviews

What Chetpet Clients Say

Vignesh K
Pvt Ltd Company Registration
“Incorporated my SaaS company through FilingPro in Chetpet. 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
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Common Questions

Pvt Ltd FAQ — Chetpet

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

Section 7(7) inserted to address fraud at incorporation empowers the Tribunal, on application of the Registrar or any aggrieved person, to pass orders for regulation of management, removal of name from register, declaration of liability of members as unlimited, winding up of the company or any other order it deems fit. Misstatement at incorporation under Section 447 attracts imprisonment of six months to ten years and fine three times the amount involved.
GST registration is optional through AGILE-PRO-S — the applicant ticks the GST option in the form and the data flows to the GST common portal. ARN is generated and REG-06 follows on Aadhaar authentication. Where the applicant prefers separate REG-01 (e.g., for multi-State coverage or to await commencement of taxable supply), the GST option in AGILE-PRO-S can be skipped without affecting incorporation.
Yes. Chetpet sits squarely within the Chennai North area we serve every day, and we have handled Pvt Ltd Company Registration for healthcare and other clients across this part of Chennai. That local familiarity means fewer surprises for you.
Shares can be issued at a premium under Section 52 of the Companies Act 2013, with the premium amount credited to the securities premium account and used only for the purposes specified in Section 52(2) — including issuing fully paid bonus shares, writing off preliminary expenses, providing for premium on redemption of debentures or buy-back under Section 68. Shares cannot be issued at a discount under Section 53, except sweat equity shares under Section 54 to employees and directors complying with the prescribed conditions. At incorporation, subscribers typically subscribe at face value with the premium pricing reserved for subsequent rounds.
Section 96(1) proviso states that the first AGM must be held within nine months from the close of the first financial year. Subsequent AGMs must be held within six months from the close of the financial year and the gap between two AGMs cannot exceed fifteen months. Failure to hold AGM attracts penalty under Section 99 — fine up to ₹1,00,000 and continuing default of ₹5,000 per day.
Our Pvt Ltd fees are fixed and shared in writing before any work starts — no hourly billing and no surprises. Pricing depends on the complexity of your case, not your location, so Chetpet clients pay the same transparent rates as everyone else. See the pricing section above or call 9566-068-468 for an exact figure.
Yes. Section 12(9) inserted by the Companies (Amendment) Act 2019 empowers the Registrar to physically verify the registered office. If the office is not capable of receiving communications the Registrar may initiate action under Section 248(1)(d) for striking off. INC-22A (ACTIVE — Active Company Tagging Identities and Verification) was a one-time KYC of registered offices of companies incorporated on or before 31-Dec-2017 and is no longer the recurring filing for new incorporations.
Section 14(1) permits alteration of articles converting a private company into a public company by special resolution. The company files MGT-14 within 30 days, then INC-27 with the Registrar. The word 'Private' is removed from the name and number of members must reach the public-company minimum of seven under Section 3(1)(a) and minimum three directors under Section 149(1). Effective from the date the Registrar issues fresh Certificate of Incorporation.
The exact list depends on your case, but we send a short, plain-English checklist the moment you engage us — no jargon. Chetpet clients can share documents as phone photos or scans over WhatsApp on 9566-068-468, and we flag immediately if anything is missing.
Section 139(6) requires the Board to appoint the first auditor within 30 days of incorporation. If the Board fails, the members shall appoint within 90 days at an extraordinary general meeting. The first auditor holds office till the conclusion of the first AGM. ADT-1 intimation to the Registrar for first auditor is not mandatory under Rule 4(2) but is filed as a matter of best practice.
Stamp duty is a State subject and varies by State of registered office. For Tamil Nadu, stamp duty on MOA is ₹200 (fixed) and on AOA is computed at 0.15% of authorised capital, minimum ₹200 maximum ₹50,000 under the Indian Stamp Act 1899 as adapted to Tamil Nadu. SPICe+ collects the stamp duty along with filing fees on the MCA portal and remits it to the State. Incorrect stamp duty makes the documents inadmissible in evidence under Section 35 of the Stamp Act.
Yes, we regularly take over part-completed Pvt Ltd Company Registration work. Share what has been done so far on WhatsApp 9566-068-468 and we will review it, point out anything that needs correcting, and continue from where you are.
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.
Yes, with procedural compliance. Foreign-issued passports require apostille under the 1961 Hague Convention where the home country is a signatory. For non-Hague countries, attestation runs through Indian consular channels abroad. Address proof from the home jurisdiction needs the same level of authentication. DIN for a first-time foreign appointee flows through SPICe+ Part B without a separate DIR-3. The 182-day Indian residency under Section 149(3) must be borne by at least one director on the board, which we map against passport entry stamps before signing the form. If foreign investment is anticipated, FEMA NDI Rules 2019 sectoral eligibility is verified upfront.
Section 252(1) permits any aggrieved person — member, creditor or workman — to file an appeal before the NCLT within three years of strike-off. Section 252(3) permits the company itself, member or creditor to apply within twenty years where the strike-off was passed when the company was actually carrying on business. The NCLT, on satisfaction, orders restoration in NCLT-9 form and the company is restored to the register from the date of strike-off as if its name had not been struck off.
Yes. Section 149 does not bar foreign nationals from directorship subject to Section 149(3) resident director requirement. The foreign national must obtain DIN — application supported by passport (apostilled in countries party to the Hague Apostille Convention 1961, otherwise consularised) and address proof. Identity and address proof must be attested by Notary Public of the home country and apostilled/consularised under the Companies (Registration of Foreign Companies) Rules 2014.
Pvt Ltd near Chetpet:

We serve businesses in every part of Chetpet, from Valluvar Kottam High Road, Mayor Ramanathan Road (Spur Tank Road), Barnaby Road, College Road and Dr. Guruswamy bridge to the EVR Periyar Salai, Haddows Road, Mc Nichols Road and McNichols Road commercial pockets, with Pvt Ltd handled end to end.

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