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September 2011

Online Incorporation of Companies in 24 Hours.

By Sejal Vasa, Company Secretary
Reading Time 1 mins
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The Ministry of Corporate Affairs has vide its General Circular No. 49/2011, dated 23rd July 2011 modified the procedure for incorporation of companies. It is now possible to incorporate a company within 24 hours, provided the Form 1, 18 and 32 have been certified by the practising professional with regard to the correctness of the information and declarations given by the subscribers. This facility is optional and forms can also be processed by the Registrar of Companies where no such certification is done by a practising professional.

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