Rule 19 License under section 8 for new companies with charitable objects etc
- Text as on
- 14 August 2026
19. License under section 8 for new companies with charitable objects etc.- (1) A person or an association of persons (hereinafter referred to in this rule as "the proposed company"), desirous of incorporating a company with limited liability under sub-section (1) of section 8 without the addition to its name of the word "Limited", or as the case may be, the words "Private Limited", shall make an application in SPICe+(Simplified Proforma for Incorporating Company Electronically Plus: INC-32) along with the fee as provided in the Companies (Registration offices and feesDefined in rule 2(d): Fees means fees as specified in the Companies (Registration offices and fees) Rules, 2014) Rules, 2014 to the Registrar for a license under sub-section (1) of section 8.
(2) The memorandum of association of the proposed company shall be in FormDefined in rule 2(c): Form or e Form means a form in the electronic form or non electronic form as specified under the Act or Rules made there under and notified by the Central Government under the Act No.INC.13.
(3) The application under sub-rule (1) shall be accompanied by the following documents, namely:-
(a) the memorandum and articles of association of the proposed company;
(b) the declaration by an Advocate, a Chartered Accountant, cost accountant or Company Secretary in practice, that the memorandum and articles of association have been drawn up in conformity with the provisions of section 8 and rules made thereunder and that all the requirements of the ActDefined in rule 2(a): Act means the Companies Act, 2013 (18 of 2013) and the rules made thereunder relating to registration of the company under section 8 and matters incidental or supplemental thereto have been complied with;
(c) an estimate of the future annual income and expenditure of the company for next three years, specifying the sources of the income and the objects of the expenditure;
(d) the declaration by each of the persons making the application