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
Medium business density · Korukkupet Pvt Ltd

Pvt Ltd Company Registration for Korukkupet (PIN 600021)

Pvt Ltd cadence for Korukkupet firms near Korukkupet Railway Station — with WhatsApp-first document intake

Korukkupet logistics and freight forwarding units around Korukkupet Railway Yard by qualified experts with a 15+ year, zero-penalty record. Call 9566-068-468.

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Quick Answer

Who is the certifying professional in SPICe+ in Korukkupet, 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 Korukkupet — 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 Korukkupet Clients Choose FilingPro

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

INC-20A Commencement Filing Calendared

The Section 10A commencement of business declaration is filed after subscription money is received in the bank account. We track the 180-day deadline from the date printed on the certificate, file by day 150, and free the company from Section 248(1)(d) strike-off exposure with material buffer.

Section 128 Record Retention Architecture

Books of account, MOA, AOA, certificate of incorporation, INC-20A acknowledgement, statutory registers, share certificate counterfoils and board minutes are organised in a folder structure that maps directly to Section 128(5) eight-year retention. Section 207 inspections years later find documents at first request.

SPICe+ Part A Distinctness Check

Every proposed name is screened against Rule 8 distinctness, Rule 8A undesirable names list and existing CIN/LLPIN database before submission. Korukkupet clients avoid the rejection cycle of name resubmission that delays incorporation by weeks.

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 Korukkupet clients.

Section 5(3) Entrenchment Drafted Where Needed

Where Korukkupet 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 Korukkupet 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.

Key Benefits

What Korukkupet Clients Get

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

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.
MSME Recognition Locked At Inception
Udyam registration under the MSMED Act 2006 unlocks the Section 43B(h) protection for trade creditors, MSME Samadhaan recourse on delayed payments and priority sector lending. We file the Udyam application using the freshly allotted PAN and GSTIN, so the company is recognised as MSME from its first invoice rather than years later.
Comparison

Private Limited vs LLP

Why this matters here — Korukkupet businesses operate where the business activity radiating outward from Korukkupet Railway Yard and nearby commercial pockets, and with quick access via Korukkupet Railway Station and feeder routes connecting Korukkupet to the rest of Chennai.

AspectPrivate LimitedLLP
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
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
Documents Required

Documents for Pvt Ltd Company Registration

Share documents via WhatsApp to 9566-068-468. No office visit required for Korukkupet 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 — Korukkupet businesses operate where the cluster of logistics, freight forwarding, warehousing businesses that defines Korukkupet'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
Appointment of first auditor by the Board15 daysADT-1Although Section 139(6) read with Rule 4 does not strictly mandate ADT-1 for first auditor, the MCA portal practice is to file it; non-filing creates audit-trail issues at first AGM
Close of first financial year of the company270 daysAOC-4First AGM to be held within 9 months of close of first FY under Section 96(1) proviso; financial statements filed in AOC-4 within 30 days of AGM

Deadline pressure points we see in Korukkupet: On the ground in Korukkupet, for Korukkupet businesses balancing growth ambitions with tight statutory compliance.

Forms Library

Forms used in this engagement

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
INC-33eMemorandum of Association

Electronic memorandum of association in Table A to E format applicable to the proposed company, signed by subscribers using DSC; this is the standard MOA for private limited incorporation

Linked filing with SPICe+ Part B Central Registration Centre, MCA portal
INC-34eArticles of Association

Electronic articles of association adopting Table F of Schedule I with modifications, signed by subscribers using DSC; carries entrenchment provisions where applicable

Linked filing with SPICe+ Part B Central Registration Centre, MCA portal
INC-11Certificate of Incorporation

System-generated Certificate of Incorporation issued by the Registrar of Companies on approval of SPICe+ Part B, carrying the Corporate Identity Number, date of incorporation, PAN and TAN

Auto-issued on approval of SPICe+ Part B Registrar of Companies (output document)
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

Pvt Ltd Company Registration in Korukkupet, Chennai 600021

Records we prepare for Korukkupet carry the geo-zone 600xx tag and coordinates 13.1158, 80.2845, which map each submission back to this locality. For Pvt Ltd Company Registration at PIN 600021, understanding the Tondiarpet Division's documentation norms removes most of the friction from the process. Korukkupet (PIN 600021) falls under the Tondiarpet Division of the Chennai North, the jurisdiction that handles statutory matters for businesses at this PIN. Approvals, acknowledgements and queries for Korukkupet businesses tie back to the Tondiarpet Division, so our Pvt Ltd cadence accounts for how that office works.

Most commerce in Korukkupet — invoices, expenses, purchases and statutory records — eventually surfaces in the Pvt Ltd working file we maintain for clients here. Freight and foot traffic from the Korukkupet Railway Station hub pull steady daily commerce through Korukkupet, so there is rarely a quiet filing month in this logistics and freight hub pocket. Each Pvt Ltd Company Registration cycle for Korukkupet reflects its commercial rhythm — invoices generated near Tondiarpet Goods Shed, expenses routed through the Korukkupet Railway Station freight network. The logistics and freight hub mix of Korukkupet shapes what lands in our workpapers — a blend of logistics activity and the commercial pulse around Tondiarpet Goods Shed.

The residential character of Korukkupet commerce influences everything from invoice formats to the supporting documents a Pvt Ltd Company Registration review needs. For a residential business in Korukkupet, the Pvt Ltd Company Registration scope is rarely generic; we tailor the checklist to how that sector actually transacts. Sector concentration matters: when Korukkupet leans toward residential, the Pvt Ltd risks cluster around the same few line items each cycle. Mixed residential activity across Korukkupet means our Pvt Ltd team keeps sector playbooks ready rather than improvising per client.

Our Korukkupet Pvt Ltd process is built to be predictable, documented, and on time, cycle after cycle. A Korukkupet client sees the same Pvt Ltd cadence each cycle: intake, reconciliation, review, filing, acknowledgement. Document intake for Korukkupet clients runs over WhatsApp, so there is no office visit and no paper shuffle for a Pvt Ltd Company Registration engagement. The Korukkupet Pvt Ltd Company Registration workflow is documented end-to-end: WhatsApp document intake, a working file, qualified review, and a filed acknowledgement back to you.

We treat Korukkupet and Royapuram as one catchment for Pvt Ltd Company Registration, which keeps documentation and turnaround consistent. Businesses straddling Korukkupet and Royapuram get a single Pvt Ltd point of contact rather than two. Proximity to Royapuram means a Korukkupet engagement can extend across the locality cluster with no change in cadence. Group companies spread across Korukkupet and Royapuram consolidate their Pvt Ltd under one engagement with us.

Patterns we track for Korukkupet include logistics documentation gaps, timing mismatches, and the questions the Tondiarpet Division tends to raise. Common patterns in the Tondiarpet Division give Korukkupet businesses an early-warning map we use to pre-empt Pvt Ltd issues. Because we work repeatedly across Korukkupet, we can benchmark a new client's Pvt Ltd Company Registration position against the locality norm. The longer we serve Korukkupet, the more precisely we predict where a Pvt Ltd file needs attention.

A startup setting up near Korukkupet Railway Yard in Korukkupet gets a Pvt Ltd foundation built for the Tondiarpet Division from day one. Relocating a registered office into Korukkupet (PIN 600021) changes the assessing division, and we handle that Pvt Ltd Company Registration transition cleanly. For a new business incorporating in Korukkupet or shifting its principal place of business here, Pvt Ltd Company Registration setup is one of the first things to get right. We onboard new Korukkupet entities onto a Pvt Ltd Company Registration cadence that is audit-ready from the very first cycle.

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Expert Guide

Pvt Ltd Company Registration in Korukkupet — 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 Korukkupet, Chennai

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

Company Registration Consultant in Korukkupet — Companies Act 2013

A practising professional in Korukkupet 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 Korukkupet

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 Korukkupet first directors.

INC-20A Commencement Compliance for Korukkupet 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 Korukkupet. WhatsApp documents — we begin within 24 hours. From ₹7,500/one-time. Free consultation.
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Key Facts — Pvt Ltd Company Registration in Korukkupet
SPICe+ Part A — two name proposals filed at ₹1,000 fee with Rule 8 distinctness check; reservation valid for 20 days for Korukkupet 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 Korukkupet 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 Korukkupet
How long does private limited registration take through SPICe+ in Korukkupet?
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 Korukkupet?
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.
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.

When is the first AGM to be held?

Section 96(1) proviso requires the first AGM to be held within nine months from the close of the first financial year. Subsequent AGMs must be held within six months from FY close, with maximum gap of fifteen months between two AGMs.

What Korukkupet clients want to know before signing: On the ground in Korukkupet, around the Korukkupet Railway Yard catchment of Korukkupet.

Expert Guide

A complete walkthrough — Pvt Limited Registration

Reading this guide locally — Korukkupet businesses operate where around the Korukkupet Railway Yard catchment of Korukkupet.

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 12 registered office compliance

INC-22 filing and proof requirements

Form INC-22 under Rule 25 of the Incorporation Rules captures the precise registered-office address with supporting proof — a registered rent / lease deed for rented premises (with NOC from the lessor where the lessor is a third party) or property-tax receipt / electricity bill for owned premises, plus a utility bill (electricity / gas / telephone) not older than two months as evidence of recent occupancy. The proof must be in the company's name or, for newly-incorporated companies that have not yet had a chance to obtain utility connections, in the lessor's / owner's name accompanied by NOC. INC-22 must be filed within thirty days of incorporation; delay attracts a penalty of ₹1,000 per day up to a maximum of ₹1 lakh under Section 12(8). The form is digitally signed by a director and certified by a practising professional.

Change of registered office

Change of registered office within the same city / town / village does not require any shareholder approval — a board resolution under Section 173 and INC-22 filing within thirty days suffices. Change outside local limits but within the same State requires a special resolution under Section 13(4) and an MGT-14 filing followed by INC-22. Change from one State to another (inter-State shift) requires a special resolution, an MGT-14 filing, an application to the Central Government (delegated to Regional Director under Section 458) in Form INC-23, hearing of secured creditors and Income Tax Department, and finally INC-22 after the RD order. The inter-State shift process typically takes four to six months. The Bombay High Court in In Re Bharat Forge Co Ltd has elaborated the RD's jurisdiction.

Display of name and CIN under Section 12(3)

Section 12(3) requires every company to paint or affix its name and address of its registered office on the outside of every office or place in which its business is carried on, in legible letters, in English and in the local language of the place. The company name, CIN, registered office address, telephone number, e-mail, website (if any), and contact details of the company secretary (where applicable) must also be printed on all business letters, billheads, letter papers, notices and other official publications. Failure to comply attracts a penalty of ₹1,000 per day during which the default continues, up to ₹1 lakh, on the company and every officer in default under Section 12(8). The Companies Act amendment of 2019 decriminalised this section — earlier prosecution exposure was replaced with adjudicatory penalty by the Registrar.

Section 173 first board meeting

Statutory requirement and timing

Section 173(1) requires every company to hold the first meeting of its Board of Directors within thirty days of the date of its incorporation. Thereafter, a minimum of four board meetings must be held every year with not more than 120 days gap between two consecutive meetings — Section 173(1) proviso. The first board meeting is critical because several first-time decisions must be passed at it — appointment of first auditor under Section 139(6) (within thirty days of incorporation), adoption of preliminary contracts entered into pre-incorporation, opening of bank account, allotment of shares to subscribers, appointment of Chairman, taking on record disclosures of interest from directors under Section 184(1), and ratification of registered office address. The minutes of the first board meeting form the foundational record of the company.

Notice and quorum

Section 173(3) requires a minimum of seven days' notice of every board meeting to be given in writing to every director at his registered address. Shorter notice is permissible only if all directors present at the meeting do not object. Section 174 prescribes the quorum — one-third of the total strength or two directors, whichever is higher. Where a director is interested in a matter under Section 184, that director is excluded from the quorum count for that item under Section 174(3). The meeting can be held physically or through video conferencing under Rule 3 of the Companies (Meetings of Board and its Powers) Rules 2014, save for certain restricted items (approval of accounts, board's report, prospectus, audit committee matters) which were earlier required to be physically held but have since been opened up via amendments.

Minutes and resolution records

Section 118 read with Rule 25 of the Companies (Management and Administration) Rules 2014 requires minutes of every board meeting to be entered in a Minutes Book within thirty days of the meeting, signed by the Chairman of the meeting or of the next meeting. The minutes must record the names of directors present, all decisions taken, the names of directors who dissented, and any disclosures made by directors. The Minutes Book is a permanent statutory record under Section 118(10) and Section 119, open to inspection by directors and (in respect of general-meeting minutes) by members. For the first board meeting, the minutes typically run to ten to fifteen items covering all foundational decisions; subsequent meeting minutes can be shorter. The Secretarial Standards SS-1 issued by the ICSI elaborates the format.

Section 184 director interest disclosure

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.

MBP-1 disclosure framework

Section 184(1) requires every director to disclose his concern or interest in any company or companies or bodies corporate (including shareholding interest), firms, or other association of individuals which he holds, in Form MBP-1, at the first meeting of the Board in which he participates as a director and thereafter at the first meeting of the Board in every financial year, or whenever there is any change in such disclosures. The disclosure must be tabled at the meeting, taken on record by way of a board resolution, and preserved in the records of the company under Rule 9 of the Companies (Meetings of Board and its Powers) Rules 2014. The disclosure framework is the foundational mechanism for managing conflicts of interest in corporate governance and feeds into the related-party transaction approval regime under Section 188.

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.

What Korukkupet clients usually ask next: On the ground in Korukkupet, for Korukkupet businesses balancing growth ambitions with tight statutory compliance.

Glossary

Plain-English glossary for this service

Beneficial Owner under Section 89

Beneficial owner under Section 89 is a person who, although not the registered holder of a share, holds the underlying beneficial interest. The registered holder files MGT-4 and the beneficial owner files MGT-5 with the company within thirty days of the entry in the register, following which the company files MGT-6 with the Registrar.

Object Clause

Object clause is the third clause of the memorandum under Section 4(1)(c) setting out the objects for which the company is proposed to be incorporated and matters considered necessary in furtherance thereof. Any activity beyond the stated objects is ultra vires and incapable of ratification even by unanimous shareholder consent.

Capital Clause

Capital clause is the fifth clause of the memorandum under Section 4(1)(e), stating the amount of authorised share capital of the company divided into shares of a fixed amount. Alteration of the capital clause requires an ordinary resolution under Section 61 and filing of Form SH-7 within thirty days.

Liability Clause

Liability clause is the fourth clause of the memorandum under Section 4(1)(d) stating that the liability of members is limited by shares or guarantee, or is unlimited. In a private limited company limited by shares, the liability of a member is limited to the amount unpaid on the shares held by him.

Table F

Table F is the model set of articles of association in Schedule I of the Companies Act 2013 applicable to a company limited by shares. A private limited company adopts Table F either in whole or with modifications through its eAOA in Form INC-34, including any entrenchment provisions under Section 5(3).

Entrenchment Provision

Entrenchment provision under Section 5(3) is an article that makes alteration of specified provisions more difficult than by a special resolution — for instance, requiring unanimous consent or a higher majority. Entrenchment in the articles at the time of incorporation requires merely filing the eAOA with the entrenchment clause; later entrenchment requires unanimous agreement.

Industrial Activity Code

Industrial activity code is the National Industrial Classification code selected in SPICe+ Part A to indicate the principal business activity of the proposed company. The code is used for statistical and regulatory routing and must align with the object clause; mismatch is a common cause of name resubmission requests.

Name Availability under Rule 8

Name availability under Rule 8 of the Companies Incorporation Rules requires that the proposed name not be identical with or too nearly resembling the name of an existing company, LLP or registered trademark. The Rule lists detailed criteria including pluralisation, spelling variants, common nouns and prohibited words requiring prior approval.

Resubmission

Resubmission, marked as RSUB in MCA portal status, is the order of the Registrar requiring the applicant to rectify defects in SPICe+ within fifteen days. The reserved name remains valid through the resubmission window. Failure to resubmit within the window results in rejection and lapse of name reservation.

Common Seal

Common seal of a company is no longer mandatory after the 2015 amendment to Section 22. Where the articles do not provide for a common seal, documents that would otherwise require sealing are signed by two directors or by a director and the company secretary. Most private limited companies now choose not to adopt a common seal.

Promoter

Promoter under Section 2(69) is a person named as such in the prospectus or annual return, or who has control over the affairs of the company directly or indirectly, or in accordance with whose advice the Board is accustomed to act. At incorporation, the first subscribers are generally treated as promoters.

Authorised Signatory

Authorised signatory of a company is a director or officer authorised by a Board resolution to sign documents and electronic filings on behalf of the company. For AGILE-PRO-S linked filings, the authorised signatory must have a registered PAN, Aadhaar-linked mobile and email, and a valid Class 3 DSC.

Cost of Non-Compliance

Real-world penalty exposure

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

ScenarioBase taxInterestPenaltyTotal
Section 248 strike-off after two years of non-operation and non-filingNilNilCompany name struck off the register; directors face Section 164 disqualification; restoration only via Section 252 NCLT applicationRestoration cost ₹85,000 to ₹1,50,000 typical
False or misleading information in INC-9 / SPICe+ leading to Section 7(5) / 7(7) proceedingsNilNilFine on every person guilty under Section 7(5) — minimum ₹1,00,000 extendable to ₹5,00,000 plus imprisonment up to six months under Section 447 fraud₹1,00,000 to ₹5,00,000 + imprisonment risk
Stamp duty under-paid on MOA at incorporation under State Stamp ActNilNilDifferential stamp duty plus penalty up to 10 times the deficient duty under Article 10 read with State stamp law; impounding of MOA possibleUp to 10x deficiency
DPT-3 annual return not filed by 30 June capturing director / member loansNilNil₹5,000 on company plus ₹500 per day continuing default; officers similar (Rule 21 of Deposit Rules read with Section 76A in deposit cases)₹5,000 + per-day fine
MSME-1 half-yearly filing missed for delayed payments to MSME vendorsNilSection 16 MSMED interest at three times bank rate from appointed day₹25,000 on company and ₹25,000 to ₹3,00,000 on every officer in default under Section 405(4); plus MSMED interest payable to suppliers₹25,000 + officer fines + MSMED interest
Section 73 deposit rules violated — member loans accepted without complianceNilRepayment with interest at the contracted rate plus penalty interestRepayment of deposit with interest plus fine ₹1 crore to ₹10 crore on company; officer fine ₹25 lakh to ₹2 crore plus imprisonment up to seven years under Section 76ARepayment + ₹1 crore fine floor

How Korukkupet businesses typically avoid these: On the ground in Korukkupet, the business activity radiating outward from Korukkupet Railway Yard and nearby commercial pockets; for Korukkupet businesses balancing growth ambitions with tight statutory compliance.

By Industry

Industry-specific patterns in Korukkupet

How the local trade mix shapes this — Korukkupet businesses operate where the business activity radiating outward from Korukkupet Railway Yard and nearby commercial pockets.

Logistics
Common issue: Logistics and transport Private Limiteds frequently apply for the GSTIN through AGILE-PRO-S without aligning the principal-place-of-business in the GST application with the registered office in INC-22. The mismatch triggers a Rule 9 CGST deficiency memo and delays the GSTIN issuance by ten to fifteen days.
How we handle it: Treat the SPICe+ AGILE-PRO-S linkage as a single transaction — the registered office address on the SPICe+ application, the INC-22 filing and the AGILE-PRO-S GST application must be identical to the character. Where additional places of business exist, declare them in AGILE-PRO-S separately rather than substituting them.
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.
Media
Common issue: Media and publishing Private Limiteds incorporated to operate news platforms, OTT services or print publications often overlook the 26% FDI cap under the FDI Policy for print media and 49% for uploading / streaming of news content. A generic MOA without sectoral restriction language can attract Press Council and MIB scrutiny later.
How we handle it: Draft the MOA with explicit sectoral language matching the FDI Policy entry. For print media, reference 'publishing of newspapers and periodicals dealing with news and current affairs' with the 26% FDI ceiling. For OTT, reference Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 compliance.
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.
Case Studies

Anonymised engagements we have handled

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

ESOPIT Services

ESOP scheme drafted post-incorporation under Section 62(1)(b)

Issue: A SaaS startup incorporated as a private limited wanted to issue an Employee Stock Option Scheme to its key engineering hires within ninety days of COI. Section 62(1)(b) read with Rule 12 of the Companies (Share Capital and Debentures) Rules 2014 requires special resolution and a Section 62-compliant scheme document.
Approach: We drafted the ESOP scheme aligned with Rule 12 with vesting schedule of one-year cliff plus three-year linear vesting, convened an EGM under Section 100, passed the special resolution, filed MGT-14 within thirty days of the EGM under Section 117, and recorded the grant of options to the first cohort in the board minutes maintained under Section 173.
Outcome: ESOP scheme operational within ninety days of COI; MGT-14 accepted by ROC; subsequent exercise and allotment via PAS-3 with the Section 62(1)(b) reference; the scheme survived a later venture-capital due diligence with no observation; total drafting and filing fee ₹75,000.
Section 186Manufacturing

Section 186 inter-corporate loan limit checked before parent funding

Issue: A holding company sought to fund its newly-incorporated subsidiary with a ₹3 crore inter-corporate loan to bridge the subsidiary's commencement-of-business working capital. Section 186(2) caps inter-corporate loans at 60 per cent of paid-up capital, free reserves and securities premium, or 100 per cent of free reserves and securities premium, whichever is more.
Approach: We computed the holding company's Section 186(2) capacity based on the latest audited financials, found the proposed loan was within capacity, passed a special resolution under Section 186(3) by way of an EGM, recorded the interest rate at the prevailing yield on government securities of comparable maturity per Section 186(7), and filed MGT-14 within thirty days.
Outcome: Loan disbursed in two tranches over forty-five days; the subsidiary commenced operations within the Section 10A 180-day window; the inter-corporate loan was reflected in the subsidiary's books and serviced quarterly at the agreed rate; the structure cleared the subsequent statutory audit without qualification.
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.
ACTIVE filingRetail

Section 12(8) penalty averted via INC-22A ACTIVE compliance

Issue: An existing private limited had not filed INC-22A ACTIVE within the original deadline and the ROC had marked the company as 'ACTIVE non-compliant'. The status freeze blocked all e-form filings including SH-7 and PAS-3 which were urgent for an upcoming investor round.
Approach: We filed the delayed INC-22A with additional fee of ₹10,000 under Section 403, attached the registered-office photographs with director and the company nameplate as required by Rule 25A, and verified the latitude-longitude geo-tagging of the registered office. The ACTIVE-compliant status was restored upon ROC scrutiny.
Outcome: ACTIVE-compliant status restored within 7 working days; the blocked SH-7 and PAS-3 filings were processed for the investor round on schedule; the matter illustrated the cost of delayed INC-22A — ₹10,000 additional fee versus zero on timely filing.

Why these Korukkupet engagements look the way they do: On the ground in Korukkupet, the cluster of logistics, freight forwarding, warehousing businesses that defines Korukkupet's commercial fabric; for Korukkupet businesses balancing growth ambitions with tight statutory compliance.

Client Reviews

What Korukkupet Clients Say

Vignesh K
Pvt Ltd Company Registration
“Incorporated my SaaS company through FilingPro in Korukkupet. 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 — Korukkupet

Common questions from Korukkupet 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 248(1) empowers the Registrar to strike off the name of a company that has not commenced business within one year of incorporation, or has not been carrying on any business for two preceding financial years and has not made application for dormant status, or where subscribers have not paid up subscription money and INC-20A has not been filed within 180 days. STK-1 notice is issued giving 30 days to respond, followed by STK-5 public notice and STK-7 strike-off notification.
Absolutely. Most Korukkupet clients complete the entire Pvt Ltd process remotely — we collect documents on WhatsApp or email, share drafts for your approval, and file on your behalf. A visit to our Maduravoyal office is optional, never required.
No. The Companies (Amendment) Act 2015 omitted the earlier ₹1,00,000 minimum paid-up capital requirement effective 29-May-2015. A private company can today be incorporated with any paid-up capital agreed among the subscribers — the authorised capital declared in the MOA together with the subscription clause determines initial issue. Stamp duty in most States is computed on authorised capital irrespective of paid-up.
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.
Yes. The first discussion about your Pvt Ltd Company Registration requirement is free — call or WhatsApp 9566-068-468 and we will tell you honestly what is involved, what it costs, and the realistic timeline before you commit to anything.
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.
SPICe+ Part A is dedicated to name reservation, allowing two proposed names with one resubmission opportunity at a fee of one thousand rupees. The reserved name remains valid for 20 days from approval, within which Part B must be filed. Part B is the integrated incorporation form covering DIN allotment for first-time directors, mandatory PAN and TAN, EPFO and ESIC numbers through the linked AGILE-PRO-S form, optional GSTIN, and bank account opening at an empanelled bank. Stamp duty on MoA and AoA is paid through the same submission. The certificate of incorporation typically issues within 7 to 10 working days of clean Part B submission.
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 Korukkupet clients pay the same transparent rates as everyone else. See the pricing section above or call 9566-068-468 for an exact figure.
Section 7 of the Companies Act 2013 read with Rule 9 to Rule 12 of the Companies (Incorporation) Rules 2014 governs incorporation. Section 3(1)(b) recognises a private company formed by two or more persons. The application is filed in SPICe+ (INC-32) accompanied by INC-33 e-MOA, INC-34 e-AOA and INC-9 declaration. On satisfaction the Registrar issues a Certificate of Incorporation under Section 7(2) bearing the Corporate Identity Number (CIN).
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.
We keep payment simple for Korukkupet clients — pay digitally by UPI or bank transfer against a proper invoice. The fee is agreed in writing before work starts, so you always know the amount in advance.
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.
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.
SPICe+ filing fee is zero for companies with authorised capital up to ₹15 lakh under the Companies (Incorporation) Amendment Rules 2019 effective 18-Mar-2019. Above ₹15 lakh, fees per the Companies (Registration Offices and Fees) Rules 2014 apply. Stamp duty on MOA/AOA is State-specific. Name reservation under Part A is ₹1,000. Professional fees and DSC charges are separate. PAN/TAN allotment carries no separate fee.
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.

Our Pvt Ltd clients in Korukkupet are spread right across the locality — along Varadharaja Perumal Koil Street, Old Jail Road, Suryanarayana Street, Alagammal Street and Cemetry Road, and through the Cochrane Basin Road, East Kalmandapam Road, Enmore High Road and Kathivakkam High Road business stretches — so wherever your premises sit, expert help is close by.

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Ready for Expert Pvt Ltd in Korukkupet?

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

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