{"id":14635,"date":"2023-05-21T10:30:27","date_gmt":"2023-05-21T05:00:27","guid":{"rendered":"https:\/\/www.kanakkupillai.com\/new-learn?p=14635"},"modified":"2026-01-29T18:25:34","modified_gmt":"2026-01-29T12:55:34","slug":"what-happens-after-you-submit-your-private-limited-company-registration-application","status":"publish","type":"post","link":"https:\/\/www.kanakkupillai.com\/learn\/what-happens-after-you-submit-your-private-limited-company-registration-application\/","title":{"rendered":"What Happens After You Submit Your Private Limited Company Registration Application?"},"content":{"rendered":"<p><a href=\"https:\/\/www.kanakkupillai.com\/private-limited-company-registration\"><strong>Pvt Ltd registration in India<\/strong><\/a> is your first crucial step toward becoming an entrepreneur. The Ministry of Corporate Affairs (MCA) will email the certificate of incorporation, permanent account number (PAN), and a tax deduction and collection account number (TAN) following successful registration. The Income Tax Department produces PAN cards. The MCA will authorize the registration and assign a corporate identity number (CIN) if all the information on the form is correctly completed and accompanied by the necessary papers. However, this blog focuses on the post-submission procedure to benefit interested readers.<\/p>\n<h2>The private limited company registration process<\/h2>\n<p>The following conditions must be met before a private company can be registered:<\/p>\n<p><strong>1. Minimum two directors:<\/strong> According to the <strong>Companies Act 2013<\/strong>, as recently revised, one director must be an Indian resident who has lived in India continuously for at least 12 months. A different person could be a resident who is foreign or Indian.<\/p>\n<p><strong>2. Minimum two shareholders: <\/strong>A person or a business may be a shareholder. A person is permitted to act as a shareholder for a business entity.<\/p>\n<p><strong>3. Registered office address in India: <\/strong>The company\u2019s registered office (RO) must be in India. The business can use a home or commercial property as its RO address.<\/p>\n<p><strong>4. Unique business name: <\/strong>Entrepreneurs give a lot of thought to the name of their business. However, they must ensure that it is sufficiently distinctive. The name must also include a suffix that describes the company\u2019s line of work, such as Mother Dairy Fruit & Vegetable Pvt. Ltd. The company works with dairy, fruit, and vegetable products, as is obvious from the name.<\/p>\n<p><strong>The next four steps involve the following:<\/strong><\/p>\n<ul>\n<li>Step 1:\u00a0 Requesting a DSC (digital signature certificate)<\/li>\n<li>Step 2: Name reservation application (SPICe+ Part A)<\/li>\n<li>Step 3: Specifics for the planned company\u2019s filing (SPICe+ Part B)<\/li>\n<li>Step 4: Preparing and submitting the incorporation form<\/li>\n<\/ul>\n<p><strong>Certificate of incorporation<\/strong><\/p>\n<p>The MCA issues the <a href=\"https:\/\/www.kanakkupillai.com\/learn\/company-registration-certificate-in-india\/\"><strong>certificate of incorporation (COI)<\/strong><\/a> after carefully examining your application and the supporting papers. When the date of establishment, CIN, PAN, and TAN are given along with the sign and seal of the Registrar, it is unmistakable evidence of the company\u2019s existence. Additionally, directors are given DINs upon registration approval.<\/p>\n<p>The CIN is adequate documentation of your company\u2019s legitimacy, and you are now free to engage in the commercial activities you had planned.<\/p>\n<h2>The importance of understanding the post-submission process<\/h2>\n<p>Compliance is one of the things that must be done when the firm is incorporated so that PLCs can concentrate on their core functions. Additionally, it aids organizations in creating a proper framework that outlines the responsibilities of shareholders and directors.<\/p>\n<p>Following registration, a PLC must comply with a few requirements for the system to advance, at which point startups can begin establishing their market presence.<\/p>\n<h3>Verification and scrutiny<\/h3>\n<p><strong>Examination of the application by the Registrar of Companies (RoC)<\/strong><\/p>\n<p>All required e-forms must be sent to the registrar along with the necessary fees after verification.<\/p>\n<p>The registrar will next review all the forms that have been submitted and decide whether to approve them or not based on their merit.<\/p>\n<p><strong>Common issues that may arise during verification<\/strong><\/p>\n<p>A PLC should stay clear of the following common problems while applying for a certificate of incorporation:<\/p>\n<ul>\n<li>The business should suggest the DIN information to the RoC or Registrar of Companies. The company director must notify and submit a different form to modify the changes if there is a need to edit or change the DIN details.<\/li>\n<li>In accordance with the Information Act of 2000, a valid DSC is required to ensure that the supplied papers are authentic and trustworthy. Each document that is uploaded must bear an authentic digital signature. And there is no other way to electronically submit the documents other than this.<\/li>\n<\/ul>\n<p><strong>Form 1: <\/strong>This form is used to declare a company\u2019s incorporation; the information submitted on it must correspond to the information entered on Form-1A\u2019s application.<\/p>\n<p><strong>Form 18:<\/strong> Form 18 is used for the purpose of changing the address of the company\u2019s previously registered office. Submission of all genuine details is mandatory in this form.<\/p>\n<p><strong>Form 32: <\/strong>The corporation uses this form to appoint new directors, managers, and secretaries. Therefore, any information provided in this form must be true and correct.<\/p>\n<h3>Approval and issuance of a certificate of incorporation<\/h3>\n<p><strong><em>Criteria for approval of the application<\/em><\/strong><\/p>\n<p>The criteria in this regard include the following:<\/p>\n<ul>\n<li>Obtaining a DSC and director identification number (DIN)<\/li>\n<li>Applying for name approval<\/li>\n<li>Preparation of a <a href=\"https:\/\/www.kanakkupillai.com\/learn\/the-moa-of-private-limited-company-a-comprehensive-guide\/\"><strong>memorandum of association (MOA)<\/strong><\/a> and articles of association (AOA)<\/li>\n<li>Filing the e-forms and payment of fees with the registrar<\/li>\n<\/ul>\n<p><strong>Issuance of a certificate of incorporation<\/strong><\/p>\n<p>The registrar will mail the certificate of incorporation to the <strong>company\u2019s directors<\/strong> after verifying all submitted papers.<\/p>\n<p><strong>Timeframe for approval and issuance of the certificate of incorporation<\/strong><\/p>\n<p>The maximum time from the application\u2019s receipt date to alert applicants of application faults is two working days.<\/p>\n<p>After receiving an application, the concerned RoC can notify approval and provide a certificate of incorporation in 2 working days.<\/p>\n<p>Here is a sample copy of the certificate of incorporation that the MCA issued:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-14646 size-large\" src=\"https:\/\/www.kanakkupillai.com\/new-learnwp-content\/uploads\/2023\/05\/certificate-of-incorporation-776x1024.jpg\" alt=\"Sample - certificate of incorporation\" width=\"776\" height=\"1024\" srcset=\"https:\/\/www.kanakkupillai.com\/learn\/wp-content\/uploads\/2023\/05\/certificate-of-incorporation-776x1024.jpg 776w, https:\/\/www.kanakkupillai.com\/learn\/wp-content\/uploads\/2023\/05\/certificate-of-incorporation-227x300.jpg 227w, https:\/\/www.kanakkupillai.com\/learn\/wp-content\/uploads\/2023\/05\/certificate-of-incorporation-768x1013.jpg 768w, https:\/\/www.kanakkupillai.com\/learn\/wp-content\/uploads\/2023\/05\/certificate-of-incorporation-1164x1536.jpg 1164w, https:\/\/www.kanakkupillai.com\/learn\/wp-content\/uploads\/2023\/05\/certificate-of-incorporation-150x198.jpg 150w, https:\/\/www.kanakkupillai.com\/learn\/wp-content\/uploads\/2023\/05\/certificate-of-incorporation.jpg 1377w\" sizes=\"auto, (max-width: 776px) 100vw, 776px\" \/>A letter of incorporation, a certificate of incorporation, or a COI are other names for a company registration certificate. After a company in India successfully completes the registration process, the MCA issues it a legal document or certificate. The existence of this certificate of incorporation serves as evidence that the company has registered with the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Registrar_of_Companies_(India)\" target=\"_blank\" rel=\"noopener\"><strong>Registrar of Companies<\/strong><\/a>. This essential legal document must be received when a company or firm is formed.<\/p>\n<h2>Post-incorporation compliance<\/h2>\n<p>Here is a brief overview of the compliances that must be completed as soon as the firm is registered in India.<\/p>\n<ol>\n<li>Notify the MCA of the registered office\u2019s address if it differs from the office\u2019s at the time of incorporation.<\/li>\n<li>Hold the company\u2019s first board meeting no later than 30 days after its formation.<\/li>\n<li>Select a first auditor and provide the MCA with information via Form ADT 1.<\/li>\n<li>A bank account must be opened within 60 days of establishment.<\/li>\n<li>Distribute share certificates within 60 days of the company\u2019s establishment.<\/li>\n<li>By Section 10A, newly formed businesses may only launch operations after submitting Form INC-20A to the MCA within 180 days of their formation.<\/li>\n<li>Hold board meetings regularly and prepare, control, and keep minutes\u2019 details.<\/li>\n<li>Businesses must submit an <a href=\"https:\/\/www.kanakkupillai.com\/msme-registration\"><strong>MSME registration<\/strong><\/a> form every six months, if applicable.<\/li>\n<li>Businesses registered for ESI, PF, and GST must submit their returns monthly or quarterly, as necessary. Additionally, businesses using TANs are required to deduct and remit the necessary TDS sum each month. These businesses must also timely file their TDS filings every quarter.<\/li>\n<\/ol>\n<p><strong><em>Timelines for fulfilling compliance requirements<\/em><\/strong><\/p>\n<p>Following is a schedule for completing various compliance criteria after a PLC\u2019s incorporation:<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Compliance Requirements<\/strong><\/td>\n<td><strong>Descriptions<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Commencement of business<\/td>\n<td>After a company is incorporated, the commencement of business certificate must be received within 180 days.<\/td>\n<\/tr>\n<tr>\n<td>Auditor appointment<\/td>\n<td>Within 30 days of incorporation, every registered Indian company must engage a statutory auditor.<\/td>\n<\/tr>\n<tr>\n<td>Income tax return<\/td>\n<td>For the fiscal year 2020\u201321, income tax returns must be filed on or before September 30, 2021.<\/td>\n<\/tr>\n<tr>\n<td>MCA Form AOC-4<\/td>\n<td>The MCA Form AOC-4 for FY 2020\u201321 must be submitted by the registered PLCs on or before November 30, 2021.<\/td>\n<\/tr>\n<tr>\n<td>MCA Form MGT-7<\/td>\n<td>For the fiscal year 2020\u20132021, MCA Form MGT-7 must be submitted on or before December 31, 2021.<\/td>\n<\/tr>\n<tr>\n<td>DIN e-KYC<\/td>\n<td>Every director of the business must file the DIN e-KYC or DIR-3 e-KYC. The director must enter a personal mobile number and an email address in DIR-3 e-KYC.<\/td>\n<\/tr>\n<tr>\n<td>Hold the annual general meeting.<\/td>\n<td>An annual general meeting must be held for a PLC at least once yearly. Companies must hold their AGMs within six months of the end of the fiscal year.<\/td>\n<\/tr>\n<tr>\n<td>Director\u2019s report<\/td>\n<td>All the information required by Section 134 will be used to prepare the director\u2019s report.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong><em>Consequences of non-compliance<\/em><\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td>A fine of Rs. 50,000 for the firm and Rs. 1000 for each director per day of default is imposed if the person fails to get the commencement of business certificate.<\/td>\n<\/tr>\n<tr>\n<td>A fine of Rs. 200 is assessed for each day of default or delay in filing MGT-7.<\/td>\n<\/tr>\n<tr>\n<td>If the person fails to get the commencement of business certificate, a fine of Rs. 50,000 for the company and Rs. 1000 for each director for each day of default is levied.<\/td>\n<\/tr>\n<tr>\n<td>Failure to submit DIN e-KYC carries a 5,000 rupee fine.<\/td>\n<\/tr>\n<tr>\n<td>AOC-4 failure carries a fine of Rs. 200 per day of default or delay.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Changes to the application<\/h2>\n<p>You may need to modify or update your <a href=\"https:\/\/www.kanakkupillai.com\/private-limited-company-registration\"><strong>private limited company registration<\/strong><\/a>\u00a0information in the following circumstances:<\/p>\n<ol>\n<li><strong><em>Change in the business name: <\/em><\/strong><em>The corporation needs to schedule a board meeting to approve a resolution to alter the company name<\/em>. The resolution should be voted on by the board of directors during the meeting. The board should also give a director or company secretary (CS) permission to evaluate the MCA database\u2019s accessibility.<\/li>\n<li><strong><em>Address change: <\/em><\/strong>A resolution is passed to convene a board meeting. Then, within 15 days of the resolution\u2019s passage, Form INC-22 is submitted to the RoC.<\/li>\n<li><strong><em>Change in contact information:<\/em><\/strong> A corporation may notify the RoC of any changes to the Managing Director, Directors, Manager, or Secretary of the company by filing an e-Form DIR-12 within 30 days (Event Date + 30 days) of the day on which the change occurs.<\/li>\n<li><strong><em>Addition or removal of partners or directors:<\/em><\/strong> By filing Form DIR-12 with RoC within 30 days of the date the change happens, a corporation can intimate changes among the Managing Director, Directors, Manager, and Secretary of the corporation.<\/li>\n<li><strong><em>Change in business ownership or constitution:<\/em><\/strong> A corporation may notify the RoC of any changes to the Managing Director, Directors, Manager, or Secretary of the company by filing an e-Form DIR-12 within 30 days (Event Date + 30 days) of the day of which the change occurs.<\/li>\n<li><strong><em>Cessation of business locations:<\/em><\/strong> After discharging all of its debts and adopting a special resolution, a company may independently submit an e-form STK-2 to the Registrar, asking for the firm\u2019s name to be struck off. The director must sign the STK-2 form, and the practicing CS, CA, or CWA must also certify it.<\/li>\n<\/ol>\n<p>Before we conclude, let\u2019s first define a company registrar and discuss his function in <a href=\"https:\/\/www.kanakkupillai.com\/private-limited-company-registration\"><strong>incorporating a company<\/strong><\/a>.<\/p>\n<h2>Who is a company registrar?<\/h2>\n<p>Under Section 609 of the Indian Companies Act, which applies to all of India\u2019s States and Union Territories, the RoC is a dignitary who is appointed. The primary responsibility for <a href=\"https:\/\/www.kanakkupillai.com\/limited-liability-partnership\"><strong>LLP registration<\/strong><\/a> in each state and the Union Territories is under the purview of the RoC. The registered companies and LLPs must adhere to the legislative requirements of the Companies Act, which is the responsibility of the RoC.<\/p>\n<p>The RoC office manages the Registry of Records. These documents pertain to the businesses the Ministry of Corporate Affairs has on file. After paying the required access charge, members of the public may inspect these records. The Union government exercises administrative supervision over such authorities by employing the corresponding regional directors.<\/p>\n<h2>The Companies Registrar\u2019s Function in the Formation of Companies<\/h2>\n<p>The most crucial duty in incorporating a corporation belongs to the company registrar. He is the one who receives the application, receives the paperwork, and determines whether or not you are eligible to acquire your <strong>certificate of company incorporation<\/strong>. His function can be divided into three categories as a result:<\/p>\n<p><strong>Document accumulation<\/strong><\/p>\n<p>The registrar is in charge of correctly cataloguing all the paperwork and the application after receiving them. This will allow for future evaluation.<\/p>\n<p><strong>Document assessment<\/strong><\/p>\n<p>The registrar becomes completely operational after receiving the company registration documents and the application. At this point, he will verify that all the paperwork is in order. He looks at three factors during the document assessment process:<\/p>\n<ul>\n<li>Are all the required papers on hand?<\/li>\n<li>Are the documents compliant with the MCA regulations?<\/li>\n<li>Is the application properly completed?<\/li>\n<\/ul>\n<p><strong>Issuing a certificate of incorporation for a company<\/strong><\/p>\n<p>The registrar determines whether to certify the company after carefully reviewing every aspect of the application and the supporting papers. If the evaluation has produced favorable results, they affix their signature to the company incorporation certificate. This indicates that the business has a certificate. The applicant is then sent this document. The applicant is informed if there is a problem and the application is refused.<\/p>\n<h2>Conclusion<\/h2>\n<p>As you can see, a PLC must comply with many regulations after <strong>Pvt ltd company incorporation<\/strong>. Someone unfamiliar with the business sector may find the procedure for a company\u2019s post-incorporation compliances challenging. As a result, it is advised to get advice from a professional before incorporating your firms, such as <strong>Kanakkupillai.com<\/strong>, the web portal of Govche India Pvt. Ltd. Their Accounting, Bookkeeping, and Compliance (ABC) package, skillfully supervised by a group of knowledgeable lawyers, chartered accountants, and company secretaries, can assist you in comprehending all the legal facets of operating a corporation so that you always remain compliant.<\/p>\n<p><strong>Related Services<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.kanakkupillai.com\/sole-proprietorship-registration\"><strong>Sole Proprietorship Registration in India<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.kanakkupillai.com\/trade-mark-registration\"><strong>Trademark Registration in India<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.kanakkupillai.com\/gst-return-filing\"><strong>GST Return Filing Online<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.kanakkupillai.com\/income-tax-return-filing\"><strong>Income Tax Return Filing Online<\/strong><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Pvt Ltd registration in India is your first crucial step toward becoming an entrepreneur. The Ministry of Corporate Affairs (MCA) will email&#8230;<\/p>\n","protected":false},"author":1,"featured_media":39277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[3993],"tags":[],"class_list":{"0":"post-14635","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-private-limited-company"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.1 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What Happens After Submit Your Pvt Ltd Registration Application?<\/title>\n<meta name=\"description\" content=\"Curious about what happens after submitting your application for pvt ltd registration? 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