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Mr. Aryan Awasthi is interested in floating a private limited company . Discuss the steps he should undertake .

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Following is the procedure for floating a private limited company :
1.OBTAIN DIGITAL SIGNATURE - since now all the documents which are submitted to ROC i.e. Registrar of companies through online mode it is necessary to obtain a digital signature certificate. Hence it is an initial step for the formation of a company to option a digital signature.
2.OBTAIN DIRECTOR IDENTIFICATION NUMBER (DIN) - all the directors of the company who donot have a DIN should apply for the same on the MCA portal in form DIR- 3
3.CHECK AVAILABILITY AND APPLY FOR NAME RESERVATION - Next step is the check that the proposed name of the company is available if it is the file an application for the reservation of the name of the company. The reservation is valid for a period of 60 days.< br> 4.DRAFT MOA AND AOA - The next step is to draft the memorandum of association and article of association of the company.
5.FILLING OF EFORMS WITH THE ROC - the next step is to file various eforms with the ROC , it includes forms related to application of incorporation of the company, form related to situation of registered office, form related to appointment of directors and key managerial personnel etc.
6.VERIFICATION AND ISSUE OF CERTIFICATE BY ROC - after verification of various documents a certificate of incorporation is issues by the ROC. This certificate is the proof of incorporation of company.

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