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License for existing companies

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..... ices and fees) Rules, 2014 to the Registrar for a licence under sub-section (5) of section 8 . 1 [ (2) The application under sub-rule (1), shall be accompanied by the following details and documents, namely:- (a) the e-Memorandum of Association and e-Article of Association of the 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 of the Act and rules made thereunder and that all the requirements of the Act and the rules made thereunder or supplemental thereto have been complied with; (c) a statement showing in detail the assets (with the values th .....

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..... udit reports, relating to the existing companies, and after considering objections, if any received by it within thirty days from the date of publication of notice, and after consulting any authority, regulatory body, Department or Ministry of Central Government or the State Government(s), as it may, in its discretion, decide whether the license should or should not be granted. ] (6) The licence shall be in Form No.INC.16. or Form No.INC.17, as the case may be, and the Registrar shall have power to include in the licence such other conditions as may be deemed necessary by him. (7) The Registrar may direct the company to insert in its memorandum, or in its articles, or partly in one and partly in the other, such conditions o .....

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..... ing the sources of the income and the objects of the expenditure; (f) the certified copy of the resolutions passed in general/ board meetings approving registration of the company under section 8; and (g) a declaration by each of the persons making the application in Form No.INC.15. 2. Substituted vide NOTIFICATION NO. G.S.R. 42(E) dated 19-01-2023 before it was read as, (5) The Registrar shall, after considering the objections, if any, received by it within thirty days from the date of publication of notice, and after consulting any authority, regulatory body, Department or Ministry of the Central Government or the State Government(s), as it may, in its discretion, decide whether the license should o .....

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