Ministry of Corporate affairs has simplified procedures to enable incorporation of companies within 24 hours with effect from 11 August, 2011 as under:
1. Online allotment of Directors Identification Number (DIN) by the system automatically.
2. Online application and approval of name by the system immediately.
3. Online filling and registration of incorporation forms and e-form of memorandum and articles of association with digital signatures of promoters and professionals by the system immediately.
4. Online issue of incorporation Certificate by ROC under his digital signature within 24 hours on incorporation.