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MCA Press Release dt. 03.10.2016 regarding Launching of SPICe:

MCA another bold initiative in Government Process Re-engineering (GPR) and launched Simplified Proforma for Incorporating Company Electronically (SPICe) e-Form on 02.10.2016 with the objective of Speedy incorporation of Company.

Also, it is said that 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.

Major features are:

  • Completely Digital Incorporation
  • Standard format of e-MOA & e-AOA and same filed as linked e-forms (except Section 8 Company)
  • Provision to apply for Company Incorporation with a pre-approved Company Name
  • Mandatory DSCs of Subscribers and Witnesses (max 7+1)
  • Faster review of e-MOA and e-AOA by approving authorities.

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