Template Description

This template is for verifying the signature of subscribers or first Directors during the Incorporation process of a Company used under the Companies (Incorporation) Rules, 2014. It is a 2-page MS Word document. This form is mandatory for companies to ensure compliance with the legal requirements. The intended audience includes legal professionals, corporate consultants, and relevant businesses.

Understanding Form INC 10-Verification of Signature of Subscribers

Purpose and Importance:

Form INC – 10 serves as an official attestation of the authenticity of the signatures of the company’s initial subscribers or directors. This is a legal requirement to ensure that the signatures on the memorandum of association are genuine and that the individuals have willingly agreed to be part of the company's incorporation process. The form is an essential part of the documentation submitted to the Registrar of Companies (ROC) during the incorporation procedure.

Key Components of the Form:

Subscriber Details:

The form begins with the name, father’s name, and residential address of the subscriber or the first director. This section is critical for identifying the individuals who are legally responsible for the company's establishment.

Specimen Signatures:

The template provides space for two specimen signatures of the subscriber or first director. These signatures are to be self-attested, ensuring that the person signing is fully aware of the legal obligations and responsibilities that come with being a part of the company's incorporation.

Attestation:

The form includes a section for attestation, where the subscriber or first director must self-attest the signatures with their address. This self-attestation acts as a declaration that the signatures are genuine and that the person is signing voluntarily.

Guidelines and Notes:

The template provides a note emphasizing the importance of accurately filling out the form. It includes instructions to strike off inapplicable sections and reminds the attesting person to clearly indicate their name, address, and ID number.

Conclusion

Form INC–10 is a straightforward yet essential document in the company incorporation process. It ensures the authenticity of the subscribers' or directors' commitment to forming the company. For businesses and professionals involved in company formation, this template provides a ready-to-use and compliant format that simplifies the documentation process, ensuring that all legal requirements are met efficiently.