Revised ROC Form INC 1 and Companies Incorporation Rules
MCA vide Notification dt. 22nd January, 2016, has amended Companies (Incorporation) Rules, 2014 by way of Companies (Incorporation) Amendment Rules, 2016, with effect from 26th January, 2016.
It may be noted that certain clauses of the Rules have been omitted and substituted, mainly as under:
i) Rule 9 for Reservation of name has been substituted as under:
An application for the reservation of a name shall be made in Form No. INC 1 along with the fee as provided in the Companies (Registration offices and fees) Rules, 2014 which may be approved or rejected, as the case may be, by the Registrar, Central Registration Centre.
ii) Amendments to provide third opportunity, hitherto two, for removing the defects or deficiencies in documents resubmitted.
iii) Existing Form No. INC 1 substituted with the revised version.