The Ministry of Corporate Affairs has taken another bold initiative in Government Process Re-engineering (GPR) and launched Simplified Proforma for Incorporating Company Electronically (SPICe) e-Form, on the occasion of Gandhi Jayanthi 2016, with the specific objective of providing speedy incorporation related services within stipulated time frames which are in line with international best practice.<\/p>\n
SPICe\u2019s USP is as follows: –<\/p>\n
1. Simplified and completely Digital form for Company Incorporation<\/p>\n
2. Standard format of e-Memorandum of Association as per Companies Act, 2013<\/p>\n
3. Standard format of e-Articles of Association as per Companies Act, 2013<\/p>\n
4. Memorandum and Articles will now be filed as linked e-forms (except for Section 8 companies)<\/p>\n
5. Provision to apply for Company Incorporation with a preapproved Company Name<\/p>\n
6. Mandatory DSCs of Subscribers and Witnesses (max 7+1) in SPICe MOA and SPICe AOA<\/p>\n
7. Back Office productivity gains due to faster review of e-MOA and e-AOA by approving authories<\/p>\n
Existing INC-29 and INC-7 will be phased out and SPICe will be the Sole, Simplified & Versatile form available for incorporation of a company in India<\/p>\n","protected":false},"excerpt":{"rendered":"
The Ministry of Corporate Affairs has taken another bold initiative in Government Process Re-engineering (GPR) and launched Simplified Proforma for Incorporating Company Electronically (SPICe) e-Form, on the occasion of Gandhi Jayanthi 2016, with the specific objective of providing speedy incorporation related services within stipulated time frames which are in line with international best practice. SPICe\u2019s …<\/p>\n