3 (1) For the purposes of sub-section (2) of section 366 of the Act, the provision of Chapter II relating to incorporation of company and matters incidental thereto shall be applicable mutatis mutandis for such registration:

Provided that there shall be seven or more members for the purposes of registration of a company under this sub-rule.

(2) A company after obtaining availability of name in terms of the provisions of section 4 of the Act, shall attach the required documents and information to the Registrar along with Form No. URC. 1 in the following manner, namely:-

(a) For registration as a company limited by shares:

(i) A list showing the names, addresses, and occupations of all persons named therein as members with details of shares held by them respectively, showing separately shares allotted for consideration in cash and for consideration other than cash along-with the source of consideration ) and distinguishing, in cases where the shares are numbered, each share by its number ,who on a day, not being more than six clear days before the day of seeking registration, 1[were partners of the Limited Liability Partnership or firm as the case may be;]

(ii) a list showing the particulars of persons proposed as the first directors of the company, their names, including surnames or family names, the DIN , passport number(if any) with expiry date, residential addresses and their interests in other firms or bodies corporate along with their consent to act as directors of the company;

(iii) an affidavit from each of the persons proposed as the first directors, that he is not disqualified to be a director under sub section (1) of section 164 and that all the documents filed with the Registrar for registration of the company contain information that is correct and complete and true to the best of his knowledge and belief;

(iv) a list containing the names and  2[addresses of the Partners of the Limited Liability Partnership or firm as the case may be;]

3[(v) In case of a firm, deeds of partnership, bye laws or other instrument constituting or regulating the company and duly verified in the manner provided in sub-rule (4) and in case the deed of partnership was revised at any time in the pasf copies of the principal and all subsequent deeds including the latest deed, along with the certificate of the registration issued by Registrar of firms, in case the firm is registered.]

(vi) a statement specifying the following particulars:—

(i) the nominal share capital of the company and the number of shares into which it is divided;

(ii) the number of shares taken and the amount paid on each share;

(iii) the name of the company, with the addition of the word "Limited" or "Private Limited" as the case may require, as the last word or words thereof;

(vii) written consent or No Objection Certificate from all the secured creditors of the applicant;

(viii) written consent from the majority of members whether present in person or by proxy at a general meeting agreeing for registration under this part.

4[(ix) an undertaking that the proposed directors shall comply with the requirements of Indian Stamp Act, 1899 (2 of 1899) as applicable.

(x) a statement of assets and liabilities of the Limited Liability Partnership or the firm, as the case may be, duly certified by a chartered accountant in practice made as on a date not earlier than thirty days of the {iling of form no.URC-1;

(xi) a copy of latest income tax return of the Limited Liability Partnership or firm as the case may be.]

(b) For registration as a company limited by guarantee or as an unlimited company;

(i) a list showing the names, addresses and occupations of all persons, who on a day, not being more than six clear days before the day of seeking registration, were members of the company with proof of membership;

(ii) a list showing the particulars of persons proposed as the first directors of the company, their names, including surnames or family names, the DIN, passport number(if any) with expiry date, residential addresses and their interests in other firms or bodies corporate along with their consent to act as directors of the company;

(iii) an affidavit from each of the first directors, that he is not disqualified to be a director under sub section (1) of section 164 and that all the documents filed with the Registrar for registration of the company contain information that is correct and complete and true to the best of his knowledge and belief;

(iv) a list containing the names and 5[addresses of the Partners of the Limited Liability Partnership or firm as the case may be;]

6[(v) a copy of instrument constituting or regulating the company and duly verified in the manner provided in sub-rule (4) and in case the deed of partnership was revised at any time in the past, copies of principal and all the subsequent deeds including the latest deed, along with the certificate of the registration issued by Registrar of firms if any"]

(vi) in the case of a company intended to be registered as a company limited by guarantee, a copy of the resolution declaring the amount guarantee.

(vii) Written consent or No Objection Certificate from all the secured creditors of the applicant.

(viii) Written consent from the majority of members whether present in person or by proxy at a general meeting agreeing for registration under this part.

7[(ix) an undertaking that the proposed directors shall comply with the requirements of Indian Stamp Act, 1899 (2 of "1899);

(x) a statement of assets and liabilities of the Limited Liability Partnership or the ftm, as the case may be, duly certified by a chartered accountant in practice which is made as on a date not earlier than thirty days of the filing of form rro.URC-1;

(xi) a copy of latest income tax retuln of the Limited Liability Partnership or firm as the case may be.]

8[(3) An undertaking, from all the members or partners providing that in the event of regishation as a company under Part I of Chapter XXI of the Act, necessary documents or papers shall be submitted to the registering or other authority with which the company was earlier registered, for its dissolution as a firm" (ii) in sub-rule (4) for the words "designated partners of the Limited Liability Partnership" the words "designated partners of the Limited Liability Partnership or authorised partners of the firm as the case may be" shall be substituted']

(4) The list of members and directors and any other particulars relating to the company which are required to be delivered to the Registrar shall be duly verified by the declaration of any two or more proposed directors , or two or more designated partners of the Limited Liability Partnership.

 

Amendments

1. Substituted by Notification Dated 31st May, 2016.

In sub-clause (i), for the words,

"were partners of the Limited Liability Partnership", the words "

the following words shall be substituted, namely;

"were partners of the Limited Liability Partnership or firm as the case may be"

2. Substituted by Notification Dated 31st May, 2016.

In sub-clause (iv), for the words,

"addresses of the partners of the Limited Liability Partnership"

the following  words shall be substituted, namely;

"addresses of the partners of the Limited Liability Partnership or firm as the case may be"

3. Substituted by Notification Dated 31st May, 2016

For sub-clause (v),

"(v) a copy of the Act of Parliament or other Indian law, deed of partnership, bye laws or other instrument constituting or regulating the company and duly verified in the manner provided in sub-rule(4)"

the following shall be substituted, namely;

"(v) in case of a firm, deeds of partnership, bye laws or other instrument constituting or regulating the company and duly verified in the manner provided in sub-rule (4) and in case the deed of partnership was revised at any time in the pasf copies of the principal and all subsequent deeds including the latest deed, along with the certificate of the registration issued by Registrar of firms, in case the firm is registered"

4. Inserted by Notification Dated 31st May, 2016

5. Substituted by Notification Dated 31st May, 2016.

In clause (b), in sub-clause (iv) for the words

"addresses of the partners of the Limited Liability Partnership"

the following words shall be substituted, namely;

"addresses of the partners of the Limited Liability Partnership or firm as the case may be"

6. Substituted by Notification Dated 31st May, 2016.

For sub-clause (v),

"(v) a copy of the Act of Parliament or other Indian law, bye-laws or other instrument constituting or regulating the company duly verified in the manner provided in rule (4)":

the following sub-clause shall be substituted, namely;

"(v) a copy of instrument constituting or regulating the company and duly verified in the manner provided in sub-rule (4) and in case the deed of partnership was revised at any time in the past, copies of principal and all the subsequent deeds including the latest deed, along with the certificate of the registration issued by Registrar of firms if any";

7. Inserted by Notification Dated 31st May, 2016.

8. Substituted by Notification Dated 31st May, 2016.

In rule 3 of the principal rules, for sub-rule (3),

"(3) An affidavit, duly notarised, from all the members or partners providing that in the event of registration as a company under Part I of Chapter XXI of the Act, necessary documents or papers shall be submitted to the registering or other authority with which the company was earlier registered, for its dissolution as Limited Liability Partnership."

the following sub-rule shall be substituted, namely;

(3) An undertaking, from all the members or partners providing that in the event of registration as a company under Part I of Chapter XXI of the Act, necessary documents or papers shall be submitted to the registering or other authority with which the company was earlier registered, for its dissolution as a firm" (ii) in sub-rule (4) for the words "designated partners of the Limited Liability Partnership" the words "designated partners of the Limited Liability Partnership or authorised partners of the firm as the case may be" shall be substituted'