Last updated: March 16th, 2020 12:07 PM

New Company Registration under Central Registration Centre

A part of the Ministry of Corporate Affairs website (http://www.mca.gov.in/), MCA21 used for incorporation filing, company data, etc. is undergoing an upgrade to unveil the new company registration process. MCA21 went offline on 25th March, 2016 and is expected to return to operation at Noon, 27th March, 2016.

Central Registration Centre

One of the main features to be unveiled on Sunday in the new MCA21 portal is the shifting of new company registration processing to the Central Registration Centre. The following forms hereon-forth will be processed by the Central Registration Centre:

• INC-2
  • INC-2 is the form used for incorporation of a One Person Company (OPC)
• INC-7
  • INC-7 is the form used for incorporation of a Private Limited Company, Section 8 Company or Limited Company
• INC-29
  • INC-29 is the integrated incorporation form that enables a company to be registered in one step without separate DIN and name approval process.
• INC-22
  • INC-22 is the form for intimating notice of situation or change of situation of registered office. INC-22 is used to declare the first registered office of the company during incorporation.
• DIR-12
  • DIR-12 is the form for appointment of directors and the key managerial personnel.
• URC-1
  • URC-1 is used for application by a company for registration under section 366.

New Company Incorporation Certificate Format

In line with the proposed handing of company incorporation by the Central Registration Centre, the format of Certificate of Incorporation of a company as also been slightly modified. The change to the certificate of incorporation of a company has been enacted by the Companies (Incorporation) Second Amendment Rules,2016. As per the Companies (Incorporation) Second Amendment Rules, 2016, the new incorporation certificate would be as under:

[caption id="attachment_5456" align="aligncenter" width="629"] New Certificate of Incorporation

The change in the new certificate of incorporation is the change of the name of the ROC approving the incorporation and the jurisdiction. Under the old certificate of incorporation, the respective Registrar of Companies in the State would approve a company registration under his/her authority. Under the new method, the Certificate of Incorporation of a company would be issued by the Registrar of Companies, Central Registration Centre.

Review of the New Process

Under the old incorporation method, company incorporation time used to vary from State to State based on the workload of the respective Registrar of Companies in that state. Under the new Central Registration Centre, all company incorporation across India would be centralised, leading to quick turnaround times and a transparent process.