Delhi Law Firm(Trustman & Co) - Approval Required For New Projects

Approval/Clearances Required for New Projects

Approvals/Clearances Required	Department to be Approached and Consulted
Incorporation of Company	Registrar of Companies
Registration/IEM/Industrial license	DIC for SSI/SIA for large and medium industries
Allotment of land	State DI/SIDC/Infrastructure Corporation /SSIDC
Permission for land use (in case industry is located outside an industrial area)	a. State DI b. Dept. of Town and Country Planning Local authority/Distt. Collector
NOC and consent under Water and Air Pollution Control Acts	State Pollution Control Board
Approval of construction activity and building plan	a. Town and country planning b. Municipal and local authorities c. Chief Inspector of Factories d. Pollution Control Board Electricity Board
Sanction of Power	State Electricity Board
Use and storage of explosives	Chief Controller of Explosives
Use and storage of explosives	Chief Controller of Explosives
Boiler Inspection Certificate	Chief Inspector of Boilers
Finance	i. SFC/SIDC for term loans ii. For loans higher than Rs. 15 Million, all India financial institutions like IDBI, ICICI, IFCI etc.
Registration under States Sales Tax Act, and Central and State Excise Act	i. Sales Tax Department ii. Central and State Excise Depts.
Extraction of Minerals	State Director of Mines and Geology
ISI Certificate	Regional Office of the Bureau of Indian Standards (BIS)
Quality Marking Certificate	Quality Marking Center of the State Government
Weights and Measures	Inspector of Weights and Measures
Code Number for Export and Import	Regional Office of Director General of Foreign Trade.

SIDC : State Industrial Development Corporation

SSI : Small Scale Industries

SIA : Secretariat of Industrial Assistance

SSIDC : Small Scale Industrial Development Corporation

SFC : State Financial Corporation

DIC : District Industry Center

GOI : Government of India

IDBI : Industrial Development Bank of India

ICICI : Industrial Credit and Investment Corporation of India

IFCI : Industrial Finance Corporation of India

Business Registration Procedures

Company Formation

START



Obtaining approval for the proposed name of the Company from the ROC



Drawing up the Memorandum of Association



Drawing up the Articles of Association



Getting the appropriate persons to subscribe to the Memorandum (a minimum of 7
for a public company and 2 for a private company



Payment of Registration Fee to the ROC



Receipt of Certificate of Incorporation



Obtain a certificate of commencement of business from the ROC
in case of a public company



END