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Time taken for registration of a company cut by 50 as a part of ease-of-doing business effort by the Ministry of Corporate Affairs; Ministry to soon introduce a new version of Form INC29 incorporating suggestions received from the stakeholders allowing up to 5 directors to be appointed and greater flexibility in proposing a name for a company

Dated:- 11-12-2015 - Ministry of Corporate Affairs, Government of India has, during the past one year, taken a number of steps, and is in the process of further streamlining processes and the regulatory framework, to reduce the overall time taken for incorporating of a company as a part of ease-of-doing business effort of the Ministry. The introduction of an integrated incorporation Form INC29 and tighter monitoring of Registrar of Companies (ROCs ) performance has resulted in faster approvals a .....

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