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Step-by-Step Tutorial: MSME Registration on Udhyam Registration Portal in India

Posted on by Fastlegal Team

In India, MSME (Micro, Small, and Medium Enterprises) registration is crucial for businesses to avail of various benefits provided by the government. The Udhyam Registration Portal is an online platform that simplifies MSME registration. This step-by-step tutorial will guide you through the process of MSME registration on the Udhyam portal.

Step 1: Access the Udhyam Registration Portal

Visit the official website of the Udhyam Registration Portal by typing the URL https://www.udhyamregistration.gov.in into your browser’s address bar. Once the website loads, proceed to the next step.

Step 2: Create a New Account

On the Udhyam Registration Portal’s homepage, click on the “New User? Register here” button. Enter the necessary details such as your name, email address, mobile number, and password. After filling in the required information, click on the “Register” button to create your account.

Step 3: Verify Your Mobile Number and Email Address

After registering, you will receive a verification link on your email address and an OTP (One-Time Password) on your registered mobile number. Verify both your email address and mobile number by clicking the verification link and entering the OTP respectively.

Step 4: Provide Business Information

Once your account is verified, log in to the Udhyam Registration Portal using your registered email address and password. On the dashboard, click on the “MSME Registration” tab. Fill in the necessary details about your business, such as the name, type, PAN (Permanent Account Number), location, and contact information.

Step 5: Enter Bank Details and Business Activity

After providing your business information, proceed to enter your bank details, including account number and IFSC code. Additionally, specify the main economic activity of your enterprise by selecting the appropriate NIC (National Industrial Classification) Code.

Step 6: Upload Documents

To complete the MSME registration process, you need to upload certain documents. This includes your Aadhaar Card (for Indian citizens)/ Passport (for foreign citizens) as proof of identity, and PAN Card of the business owner. Make sure to have these documents ready in the required format (PDF/JPEG).

Step 7: Submit Your Application

Double-check all the information you have provided, ensuring its accuracy. Once you are confident that everything is correct, click on the “Submit” button to send your MSME registration application.

Step 8: Download the Certificate

After the submission, you will receive an acknowledgement number. Keep this number safe for future reference. The concerned authorities will review your application, and upon approval, you will be able to download your MSME registration certificate from the Udhyam Registration Portal.

Benefits of MSME Registration in India

Now that you have completed the MSME registration process, it’s important to understand the benefits it brings. Here are some advantages of MSME registration in India:

  1. Access to Government Schemes: MSME registration allows businesses to participate in various government schemes, such as loans at lower interest rates, subsidies, and grants.
  2. Credit Facilities: Banks and financial institutions provide easier access to credit for MSMEs, thanks to government initiatives like the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
  3. Tax Benefits: MSMEs can avail of multiple tax benefits and rebates offered by the government, including exemptions under the Goods and Services Tax (GST) regime.
  4. Business Promotion and Support: Registered MSMEs receive support in the form of assistance for training, market access, technology upgrades, and more. Government initiatives help promote and market MSME products and services.
  5. Protection against Delayed Payments: The MSME Development Act safeguards businesses by ensuring faster resolution of disputes regarding delayed payments from buyers, thereby improving cash flow.
  6. Enhanced Credibility: MSME registration enhances the credibility of a business, especially when dealing with various stakeholders, including suppliers, customers, and financial institutions.

Remember, maintaining accurate and up-to-date information is crucial for availing these benefits. Regularly update your MSME registration details on the Udhyam Registration Portal as your business evolves.

Congratulations on completing the tutorial and understanding the benefits of MSME registration in India.

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How to Submit ECB Return in India

Posted on by Fastlegal Team

External Commercial Borrowings (ECB) are loans raised by Indian Companies from Foreign Banks or Foreign Body Corporates by Indian Companies, these loans are mainly raised in foreign Currency. Loans Raised by Indian Companies from Foreign Body Corporates or Banks are governed under ECB Framework of Reserve Bank of India and Required Returns are required to be submitted to AD-Bank in India, AD Bank Thereafter send the returns to DSIM

As per the ECB guidelines of the Reserve Bank of India, ECB Returns are required to submit to AD Bank within 7 days of the close of the Monthly.

ECB RETURN
ECB RETURN

Time Limit for Submission of ECB-2 Return

Within 7 Days of the close of the Month, say ECB-2 return for the Month of June 21 should be Submitted by 7th of July 21

Late Submission of ECB-2 Return

Entities that have not filed the ECB Return to AD Bank may also submit ECB Return after the due date with payment of the Late Submission Fee(LSF)

Late Submission Fee For ECB-2 Return

Sr. No.Type of ReturnPeriod of DelayApplicable Late Submission Fee
1.Form ECB 2Up to 30 calendar days from the due date of submissionINR 5,000
2.Form ECB 2Up to three years from the due date of submissionINR 50,000 per year
3.Form ECB 2Beyond three years from the due date of submissionINR 100,000 per year

What is ECB-2 Form

ECB-2 is prescribed form under ECB guidelines under which ECB Return is required to be submitted to RBI

How to Submit ECB Return

ECB Return is required to be submitted Physically to AD Bank Branch designated by AD Bank , you can ask your AD Bank the branch where you need to submit the return and submit accordingly and also you can email the soft copy of return within due date to desigmated officer of AD bank.

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New Norms For Direct Selling Companies In India

Posted on by Jitendra Sharma

To regulate the working of Direct Selling Companies the Union government has notified Consumer Protection Rules & asked direct selling companies to comply with them

  • It’ll be applicable to all goods, services bought or sold through direct selling as per new norms
  • All direct selling companies, sellers are prohibited from promoting pyramid schemes under new norms

The Union government has notified the Consumer Protection Rules, 2021, and asked the direct selling companies to comply with these rules within 90 days.

According to the new rules of the Ministry of Consumer Affairs, Food and Public Distribution, it will be applicable to all goods and services bought or sold through direct selling, all direct selling companies offering goods and services to consumers in India, including a direct selling entity, which is not established in India, but offers goods or services to consumers.

Under the new norms, all the direct selling companies and sellers are prohibited from promoting a pyramid scheme or enrolling any person in such scheme or participating in such arrangement in any manner whatsoever in the garb of doing direct selling business or participating in money circulation scheme in the garb of doing direct selling business.

The new rules direct the state governments to set up a mechanism to monitor and supervise the activities of direct sellers and direct selling entities while it makes a mandatory obligation for direct selling entities such as incorporation under the Companies Act, 2013, or if a partnership firm is registered under the Partnership Act, 1932, or if a limited liability partnership is registered under the Limited Liability Partnership Act, 2008.

The entities have a minimum one physical location as its registered office within India

It is also now mandatory to have a minimum of one physical location as its registered office within India and the companies to make a self-declaration that a direct selling entity has complied with the provisions of the direct selling rules.

Government notifies consumer protection rules, direct selling firms, latest national news updates, C

The entities must have a prior written contract with its direct sellers in order to authorise them to sell :

  • The entities must have a prior written contract with its direct sellers in order to authorise them to sell or offer to sell its goods or services, and the terms of such agreement will be just, fair and equitable, ensure that all its direct sellers have verified identities and physical addresses, issue identity cards and documents only to such direct sellers and also be liable for the grievances arising out of the sale of goods or services by its direct sellers.

Every direct selling entity must establish a mechanism for filing of complaints by consumers :

  • Every direct selling entity must establish a mechanism for filing of complaints by consumers through its offices or branches or direct sellers, either in person or through post, telephone, e-mail or website whereas all direct selling entities must maintain a record of all its direct sellers, including their identity proof, address proof, e-mail and other such information.

Every direct selling entity provides information regarding any direct seller on the request in writing made by a consumer after the purchase :

  • Every direct selling entity on the request in writing made by a consumer after the purchase of any goods or services, provide him with the information regarding any direct seller from whom such consumer has made a purchase, and such information must include the name, address, e-mail, contact number and any other information which is necessary for making communication with such direct seller for effective dispute resolution.

Advertisements consistent with the actual characteristics:

  • The new rules also specified that every direct selling entity must ensure that the advertisements for marketing of goods or services are consistent with the actual characteristics, access and usage conditions of such goods or services while no direct selling entity should directly or indirectly, falsely represent itself as a consumer and post reviews about its goods or services or misrepresent the quality or features of any of its goods or services.

Direct selling entity must maintain a record of all direct sellers :

  • Every direct selling entity must maintain a record of relevant information allowing for the identification of all direct sellers who have been delisted by the direct selling entity and such list must be publicly shared on its website and all direct selling entity must become a partner in the convergence process of the national consumer helpline of the Central government, the new norms added.

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How to File Appeal Against Rejection of GST Registration

Posted on by Fastlegal Team

In this article, we will discuss the main requirement for filing for appeal against the Rejection of GST Registration, GST Amendment, Cancellation of Registration, etc., Any GST taxpayer may file an appeal if he is not satisfied with the order passed by the designated officer. Appeal for an order against registration application is required to be filed in Form GST APL-01

Appeal Against Rejection of GST Registration

Which type of Registration Rejection orders for which appeal can be filed

  • Order of Rejection of Application for Registration for all Taxpayers
  • Order of Rejection of Application for Amendment for all Taxpayers
  • Order of Rejection of Application for Cancellation for all Taxpayers
  • Order of Rejection of Application for Revocation of Cancellation
  • Order for rejection of reply to show cause notice issued in Form GST CMP-05
  • Order for Cancellation of Registration
  • Order of Cancellation of Registration as Tax Deductor at source or Tax Collector at source
  • Order for cancellation of provisional registration
  • Order of rejection of enrolment as GST Practitioner

Form in which appeal is required to be filed for GST Registration Rejection

Form GST APL -01 is required to be filed online and The appellant is required to submit a physical copy of supporting documents along with the appeal application, duly signed and verified to the office of the appellate authority within 7 days of filing an appeal on the GST Portal. Upon receipt of complete documents, the final acknowledgment will be issued to him.

Time Period in which Appeal Against Rejection of GST Registration Can be filed with Appealte Authority

Any taxpayer or an unregistered person aggrieved by any decision or order passed against him (with respect to Registration, amendment or cancellation etc.) by an adjudicating authority, may appeal to the Appellate Authority, within three months from the date on which the said decision or order is communicated to such person.

The appellate authority may condone delay for a period of a maximum of 1 month if he is satisfied that the taxpayer was prevented by sufficient cause from presenting the appeal within the aforesaid period of three months and allow it to be presented within a further period of one month.

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Step-by-Step Procedure to Open a Bank Account for an LLP in India

Posted on by Fastlegal Team

In this Article we will discuss Step-by-Step Procedure to Open a Bank Account for an LLP in India, The concept of a Limited Liability Partnership (LLP). An LLP is a corporate business vehicle that provides the flexibility of a partnership and the benefits of limited liability for a company at a low compliance cost.

Prepare Necessary Documents:

Gather all required documents to open a bank account for an LLP in India. The documents include:

  • A copy of the LLP agreement.
  • A copy of the LLP’s incorporation certificate.
  • A list of all the partners, along with their identification and address proof.
  • A copy of the resolution to open a bank account, stating who is authorized to operate the account on behalf of the LLP. Note: All these documents need to be certified by a designated partner.

Choose a Suitable Bank:

Based on your LLP’s needs, choose a bank that fits best. Consider factors like services offered, fees, ease of access, and customer service.

Arrange a Meeting with Bank Officials:

Once you have chosen a bank, schedule a meeting with the bank officials. You could do this by visiting the branch or contacting them through their customer service.

Submit Documents and Application:

During the meeting, submit all the necessary documents, a duly filled application form, and the initial deposit amount. Make sure to check the application form for any errors or missing information.

Verification of Documents:

The bank officials will verify the documents. This process might take some time, depending on the bank’s procedures.

Opening of the Account:

If everything is in order and the documents are verified, the bank will proceed to open the account. They will provide you with the account details, cheque book, and other relevant information.

Remember, opening a bank account for an LLP in India may seem like a lengthy process, but with the right information and preparation, it can be quite straightforward. A bank account is crucial for managing the financial transactions of your LLP, so take the necessary time and steps to open one correctly.

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CIRP (Corporate Insolvency Resolution Process) under IBC

Posted on by Fastlegal Team

Corporate Insolvency Resolution Process is the first stage under corporate insolvency , Where any corporate debtor commits a default- 

  • a financial creditor,
  •  an operational creditor or
  •  the corporate debtor itself may initiate corporate insolvency resolution process in respect of such corporate debtor.

If the Corporate Insolvency Resolution Process is initiated against corporate debtor (Company or LLP) following process is followed: 

  • Declaration of Moratorium (Temporary Legal Stay) 
  • Appointment of Interim resolution professional (IRP)
  • Public announcement ( for Submission of Claims ) 

Management of affairs of Corporate debtor by Interim Resolution Professional : 

The date of appointment of Interim Resolution Professional following powers exercise by Interim resolution professional :

  • The Management affairs of the corporate debtor is vested with resolution professional and the powers of the board of directors or  partners of the corporate Debtor gets suspended and vested and exercised by the resolution professional
  • Reporting by officers and managers of the corporate debtor to the interim resolution professional and provision of access to such documents and records of the corporate debtor as may be required by the interim resolution professional 
  • The financial institution who is Managing the accounts of the Corporate debtor shall act on the instructions of the interim resolution professional in relation to such accounts and furnish all information relating to the corporate data available with them to interim Resolution resolution professional
  • Resolution professional shall act and execute in the name and on behalf of the corporate debtor all deeds, receipts  and other documents if any
  • Resolution professional have the authority to access the electronic records of the Corporate Debtor  from information utility having financial information of the corporate debtor
  • Resolution professional have the authority to access books of accounts records and other relevant documents of the Corporate Debtor  available with a government authority statutory auditors, Accountants and such other persons as may be specified and be responsible for complying with the requirements and any law for the time being in force on behalf of corporate debtor

 

So if the company goes into the CIRP process all the above powers are vested with the resolution professional 

 

Resolution professional while making every endeavour to protect and preserve the value of property of the corporate Debtor and manage the operations of the corporate debtor as a Going Concern basis: 

  • Appoint accountants, legal, and other professional as may be necessary
  • to enter into contracts on behalf of corporate debtor, and modify the transication and contracts entered before the commencement of CIRP  
  • To raise Interim Finance 

Constitution of committee of creditors (COC) :

Committee of creditors by interim resolution professional mandatory required to be constituted after collection of all the claims received against the corporate debtor and determination of the financial position of the corporator

 

Committee of creditors shall compromise all the financial creditors to the corporate debtor  and where the corporate debtor owes Financial Debts to two or more Financial Creditors as part of Consortium or an agreement, each such financial creditor shall be part of the committee of creditors and their voting shares and determine on the basis of financial debts owed to them

Appointment of Resolution Professional : 

The first meeting of the committee of creditors shall be held within 7 days from the date of constitution of the committee of creditors and the committee of creditors may in the first meeting by majority of the not less than 66% of the voting shares of the financial creditors, either resolve to appoint the interim resolution professional as a resolution professional to replace the resolution professional by another resolution professional.

 

Preparation of Information Memorandum : 

Information memorandum is prepared by the resolution professional to give an opportunity to any resolution applicant to submit resolution plan for Revival and reconstruction of Corporate debtor to avoid any future insolvency and liquidation situations.

Submission of Resolution plan : 

 

Resolution Applicant will submit the resolution plan to resolution professional, Resolution applicant shall be prepared on the basis of information memorandum and submitted along with an affidavit stating that he is eligible to submit resolution plan

Approval of Resolution Plan: 

Resolution Plan shall be binding on the corporate debtor and its employees, members, creditors, guarantors and other stakeholders involved in the resolution.

 

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Stamp Duty on Power of Attorney (POA) in Rajasthan

Posted on by Fastlegal Team

In this article we will discuss the amount of Stamp duty payable on power of attorney (POA) in Rajasthan, In India stamp duty varies from state to state and every state has its own rates for payment of stamp duty.

There are different instances where Power of attorney can be executed, stamp duty payable depends accordingly

Stamp Duty

Stamp Duty on Power of Attorney (POA) in Rajasthan

Particulars (Type of Instrument) Amount of Stamp duty
When Power of Attorney is executed for the sole purpose of procuring the registration of one or more documents in relation to a single transaction or for admitting execution of one or more such documentsRs. 100
When Power of Attorney is executed authorizing one person or more to act in a single transaction other than the case mentioned aboveRs. 100
When authorizing not more than five persons to act jointly and severally in more than one transaction or generallyRs. 200
Power of Attorney executed by Client in favour of
Stock Broker registered in SEBI for purchase of
securities		Rs. 200
When authorizing more than five persons but not more than ten persons to act jointly and severally in more than one transaction or generallyRs. 200
When given for consideration and
authorizing the attorney to sell any immovable property		6% of consideration
When given for consideration and authorizing the attorney to sell any immovable property
(Female SC/ST/BPL)		4% of Consideration (After Rebate)
when given for consideration and authorizing the attorney to sell any immovable property;
(Female other than SC/ST/BPL)		5% of Consideration (After Rebate)
When given for consideration and authorizing the attorney to sell any immovable property;
(Disabled 40% & above)		5% of Consideration (After Rebate)
When power of attorney is given without consideration to sell immovable property to the father, mother, brother, sister, wife, husband, son, daughter, grandson or grand daughter of the executantRs. 2000
when power of attorney is given without consideration to sell immovable property to any other person 0.5% of market value of property (After Rebate )
When given to promoter or developer by whatever name called for construction on, or
development of, or sale or transfer (in any manner whatsoever) of, any immovable property, (Sale
power not given)		1% of market value (After Rebate)
When given to promoter or developer by whatever name called for construction on, or
development of, or sale or transfer (in any manner whatsoever) of, any immovable property, (with
Sale power)		1.5% on
proportionate part
and 1% on remaining
part of market value
Authentication Power of Attorney (any other Case)Rs. 50


How to Pay Stamp duty on Power of Attorney

Stamp Duty on Power of Attorney in Rajasthan can be paid both in Online and offline Mode, In case of Offline Mode you need to visit to Registered Stamp Vendor office and Purchase the stamp Paper of applicable amount and in case of Online mode , you may purchase stamp paper through registered office of stock holding corporation and authorized stamp vendors.

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What is One Person Company (OPC) and How to Register One Person Company (OPC)

Posted on by Fastlegal Team

In this article today we will discuss the one-person company (OPC) ,  what is one person company (OPC) and how we can register or incorporate a one-person company in India

 the Companies Act 1956 does not provide the incorporation of one person company with the new enactment of the Companies Act 2013 the one person company concept was introduced and the procedure and incorporation of one person company as he started from the Inception of Companies Act 2013 from April 2014 onwards major provisions of the companies it was introduced to be effective and one person company (OPC) procedure for incorporation have been started. 

The concept of one person company is simple that a single individual can also incorporate a company without having any other shareholders with him or partners. An individual can incorporate a one-person company and that one-person company will be incorporated as a private limited company and can thereafter be converted to that normal private limited company having a minimum of two shareholders if the individual was to convert at a future date.  

Before the Inception of the one-person company, there was the only option with a single individual to run a proprietorship concern and the most disadvantage for the proprietorship concern is that it has unlimited liability, Running a business under one person company provides an individual with limited liability protection. 

OPC

Procedure to register a one-person company (OPC)

The procedure for registration of one person company for a normal private limited company is more or less same except the measured trains between these are there in case of one person company only a single individual will be the director and shareholder of the company while in case of other there is a requirement of minimum 2 directors and shareholders while in case of one person company you will require one person has your nominee as well.

Information required for One Person Company (OPC) Registration : 

  • Name of Company
  • Address of Company
  • Business Activity to carried on by Company 
  • Mobile Number and Email id of One Person Company
  • Director of One Person Company
  • Shareholder of One Person Company
  • Nominee in One Person Company

Name of Company: 

Unlike a normal private limited company, one person company name should also and with the private limited file including the word OPC in its name, Name of one person company should be unique and there should not be any other company registered in a similar name or there should not be any registered trademark in the name of the one-person company. TM that we will search will depend on the category of business activity of the one-person company.

Address of Company

Unlike any other company one person company should also have its own registered office address within 30 days of its Incorporation so you can incorporate a one-person company while providing the communication address and thereafter within 30 days of registration of the company, you can provide the registered office address for the company. If your one-person company is already having a rest office address you can provide that at the time of incorporation as well.

Following documents are required for the registered office address of the One Person Company (OPC) : 

  • Electricity Bill 
  • Rent Agreement , if office is on rent 
  • NOC from Owner 

Business Activity to carried on by (OPC) Company : 

The business activity of one person’s company should be clearly mentioned in the main objects of the memorandum of association of a company, Main objects mentioned in the memorandum of association of the company is something that a company can only carry on. At the time of incorporation of a one-person company e memorandum and articles of association are required to be submitted for approval to the registrar. 

Mobile Number Email id of One Person Company (OPC) : 

The director and shareholder of one-person companies to designate one email id and mobile number has email id and mobile number of one person company so that all the communication that he may receive on that email id and mobile number from register and other related authority is where the email ID is provided.  the email id and mobile number can be of the director and shareholder himself for he may designate any Other ID is the email ID of a one-person company. 

Director of One Person Company (OPC) : 

In one person company a single individual can also become a director of that company the director of the one-person company is someone who runs the operations of the company operate the bank account in behalf of the company and  carry on their duties as per the provisions contained Companies Act 2013

Following documents are required for the Director of One Person Company (OPC) : 

  1. PAN card 
  2. Aadhar Card
  3. Bank Statement/ Telephone/Mobile Bill 
  4. Photo
  5. Mobile number
  6. Email Id 

Shareholder of One Person Company (OPC)

A shareholder or member of a one-person company is a person who is the sole owner of the one-person company and has all the shares of the one person company with him only. 

Nominee in One Person Company (OPC) : 

Nominee in one person company is a person in home the shares of one person company will ways in the event of the date of the sole owner of the one person company at the time of registration application form INC 3 is required to be signed by the nominee to become nominee in the one person company

Step by Step Procedure for One Person Company (OPC) Registration

  • Submit all the required documents to Company Regisration Consultant ( you may email us at support@fastlegal.in)
  • Apply for Digital Siganture
  • Signing of Nominee Form and other realted documents
  • Application to registrar for Incorporatin of One Person Company
  • Approval by registrar
  • Issue of Certificate of Incorporation
  • Issue of PAN and TAN
  • Issue of ESIC and EPFO Registration
  • Generation of Bank Account Number of One Person Company

Can One Person Can Incorporate Two One Person Company (OPC)

No, As per Provisions of Companies Act, 2013 a signle individual can only incorporate only one one person company, if he resigns or sold shares of eariler incorporated One Person Company than New OPC Can be Incorporated by him.

Can One Person Comany (OPC) can have Two or more Director

Yes, One Person Company can have two or more Directors but cannot have more than one shareholder/member

Can One Person Company purchase Shares or Other Company or can invest in shares of other company

No, One Person Company cannot make Investment in other Company

2

Recruiting Agent Registration

Posted on by Jitendra Sharma

Recruiting Agent as an Entity

Recruiting Agent(RA) is an entity offering to provide, employment in any country or place outside India on behalf of the Employer. It is required that prospective applicants get themselves registered with the Overseas Employment Division of MEA. Once registration is approved by MEA the applicants are eligible to offer employment to Indian citizens through eMigrate.

To get registered as RA the applicants need to fill ‘Recruiting Agent Registration Form’. This form capture applicant’s basic details with respect to Administrative Details, Registrars of Companies(ROC) details, office details, Address of Jurisdiction Police Office, Financial details, Company turnover over the last five years.

The applicant is required to upload the following documents :

Mandatory document for all applicants (Proprietorship, Partnership, Company)

Common to all :

Attestation Mandatory (from central or state Government gazetted officer) :

  1. Photograph of the Managing Director(MD)/Managing Partner(MP)/Proprietor.
  2. Copy of PAN Card of Agency/Proprietor, MD/MP/Directors/Partners.
  3. Copy of the Education Certificate of MD/ Mg. Part/Proprietor.
  4. Copy of the Education Certificate of MD/ Mg. Part/Proprietor.
  5. Copy of RC under Shop and Establishment Act.

Attestation Optional :

  1. Assets and liabilities Statement of MD/MP/Propriet or for last 3 years assessed by certified CA with membership number and address.
  2. Specimen signature of MD/Mg. Part/Proprietor duly attested by a Gazette officer.
  3. Blue Print of the layout plan of the office Duly signed and stamped by the government approved architect with registration and membership number.
  4. Valuation Report of Assets in office premise by a registered Valuer with registration number and membership number.
  5. Copy of Latest Land line Telephone Bill in the name of Agency.
  6. Trade Testing Certificate along with Photograph.
  7. Duly Notarized Affidavit that agency has not been involved in any recruitment business before.

In case of company :

  1. Resolution (Acknowledged by ROC) passed to authorize one of the director to act as MD and to sign papers on behalf of the company.
  2. A copy of Memorandum of Association.
  3. A Copy of Articles of Association.
  4. A copy of the Certificate of registering the company.

In case of Partnership :

  1. Attested Copy of Partnership Deed.
  2. True Extracts from the registrar of firms in support of registration of the partnership deed.
  3. Resolution passed to authorize one of the partner to act as Mg. Part and to sign papers on behalf of the firm.

Conditional Mandatory document :

In case of partnership, company and if Balance sheet available selection is ‘Yes’:

  1. A copy of the balance sheet as at the close of the previous financial year.

If ‘Income Tax return not available for Company/Firm/ Proprietor/MD/ MG. Part/ Partners/ Directors’ selection is ‘yes’:

  1. Income tax return of Company/Firm/Proprietor, MD/Mg. Part, all directors/partners for last 3 years.

If the ownership of office is Leased/Rented :

  1. Registered and Notarised Lease/Rent agreement.
  2. Latest Lease/Rent Receipt.
  3. NOC from owner of office (if office is leased/ rented) on duly notarized affidavit.

If the office is owned :

  1. Ownership Deed/Proof of office premise.

In case UID is provided :

  1. Attested copy of Aadhar Card of Proprietor/ MD/Mg. Part,Directors/Partners

RA Registration Fee

For unlimited capacity:

RA can make a payment of Rs. 25000/- only through Payment -> RA Registration fee.

For the capacity of 100 recruitment:

RA can make a payment of Rs. 10000/- only through Payment -> RA Registration fee.

1

Step by Step Process for Online Trust Registration in Rajasthan

Posted on by Fastlegal Team

In this article we will discuss Charitable online Trust Registration in Rajasthan, trust is a form of NGO in which you can carry on non-profit activities to help society to grow at a larger scale.

Activities to be carried on by trust is governed by the trust deed, that is what is mention under the trust deed are the activities that trust can carry on

Following charitable activities can be carried on generally by trust:-

  • Promotion of education
  • Promotion of health
  • Promotion of sporting activities
  • Promotion for the betterment of society
  • To Increase self-employment by skill development
  • To provide medical relief to organize medical camps and to arrange medicines for poor
  • To promote cleanliness, to preserve environment and plantation of trees etc
Online Trust Registration in Rajasthan

Step by Step procedure for Online Trust Registration in Rajasthan:

  1. Declaration of trust: any person can declare trust with some property for the purpose of promotion of its objects. The person who declared trust is called settler
  2. Name of Trust: name the trust may end with the word “trust , Foundation etc.” I.e. you may have a name like “Shri shyam Charitable Trust”
  3. Address of the trust the address of the trust will decide its jurisdiction for registration and applications for under income Tax Act.
  4. Trustee: the settlor will declare the name of the trustees who sell accept all the terms mention in the trusted and act as a trustee to the trust.
  5. Board of Trustees: the trustees will be known as board of trustees and will be e designated has President, vice president secretary and treasurer
  6. Terms and conditions regarding managing of Trust funds
  7. Powers of the trustees
  8. Duration of trust etc..
  9. Once the above mentioned things are settled we have to draft the trust deed and get it signed from the settlor and trustees of the trust.
  10. The trust deed should be on non judicial stamp paper of rupees 500
  11. The trust deed should also be notarized.
  12. Application for registration of Trust deed to Devsthan Vibhag:
  13. The Charitable Trust is registered under the Rajasthan public trust act under the jurisdiction of Devasthan vibhag, for registration with devsthan vibhag an application is required to be submitted along with trust deed and ID and address proof of trustees and settlor
  14. Publication of Notice in Newspaper for objections from Concerned or Interested persons 
  15. The Newspaper notice is published that require any interested person may object the trust registration application within period of 60 days of publication.
  16. Hearing by Devasthan Vibhag : After the Expiry of Period of 60 days , Trustee is required to present for personal Hearing at Trust Office 
  17. Grant to Certificate of Registration of Trust 

Documents Required for Online Trust Registration in Rajasthan

  • Aadhar Card and Pan Card Copy of Settler
  • Aadhar Card and Pan Card Copy of Trustees
  • Electricity Bill of Office of Trust
  • Rent Agreement of office of Trust in any
  • Photo of Settler
  • Photo of Trustees

Important Clauses of Online Trust Deed for Public Charitable Trust :

When drafting a trust deed for Online Trust registration in Rajasthan, it is essential to include specific clauses to ensure clarity and legal compliance. Here are some important clauses to consider:

  • Name Clause: Defines the official name of the trust.
  • Address Clause: Specifies the registered office of the trust.
  • Objects Clause: Outlines the objectives and purposes of the trust.
  • Trustees Clause: Lists the names and roles of the trustees.
  • Powers of Trustees: Describes the powers, rights, and duties of the trustees.
  • Beneficiaries Clause: Identifies the beneficiaries of the trust.
  • Funds Utilization: Specifies how the trust’s funds will be used and managed.
  • Amendment Clause: Provides procedures for amending the trust deed.
  • Dissolution Clause: Details the process for dissolving the trust and handling remaining assets.

Fastlegal provides Services for online Trust Registration in Rajasthan for any help please call us at 9782280098 or email us at mail@fastlegal.in