sec 8 resubmission

[Prashant Agrawal]

.(1)  Remove Point No. 80 to 88, 90 from E-AOA

(2) The objects of the company extend to the" of E-MOA. any type of activity related with fund raising ( by way of deposits)/ providing finance/advancing loan/ giving credit/ giving economical assistance/economic relief /Micro benefit/micro credit/ micro finance is not allowed in section 8 company

(3) Provide an estimate of the future annual income and expenditure of the company for next three years, specifying the sources of the income and the objects of the expenditure as per Rule 19(3)(c) of Companies (Incorporation) Rules, 2014 and the amendments thereto.- signed by subscribers

Please advisee

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Warm Regards,

Prashant Agrawal 

[Prashant Agrawal]

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Warm Regards,

Prashant Agrawal 

[ruchi singh]

I can help in this.

Contact on 9310267044

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[Sourabh Kansal]

HELLO SIR

I ALSO GOT THE SAME RESUBMISSION REMARKS CAN YOU HELP ME IN EMOA AND SHARE THE DRAFT MOA

[Rupali Sharma]

I also got the same point in resubmission,

Plz hep and provide EMOA and EAOA.

[gupta.preeti10]

hello i got the same resubmission 

can anyone help me in this how to resubmit it

n one more query 
what will we select in spice part B

income from other  source or no income

On Monday, March 10, 2025 at 6:36:50 PM UTC+5:30 Sourabh Kansal wrote:

[Santhosh Shetty]

Let us know what remarks you have received in re-submission. based on the we can suggest.

Thanks & Regards

CS Santhosh Shetty

C.S, LL.B, B.Com

S.G.Shetty & Associates

Practicing Company Secretaries

A Peer Reviewed Firm

06, Building No. A-1,

Apna Ghar CHSL, Opp. Ginger Hotel,

Teli Galli, Andheri (East), 

Mumbai  - 400 069.

M: +91-98213 20494 / +91-91525 20494

Email: cssantho...@gmail.com, shetty4...@gmail.com

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Thanks & Best Regards

Santhosh Shetty

[preeti gupta]

This is the Remark

Comply the Rule 19 of the Companies (Incorporation) Rules, 2014 along with As per Rule 19(3)(c) of Companies (Incorporation) Rules, 2014 and the amendments thereto, an estimate of the future annual income and expenditure of the company for next three years, specifying the sources of the income and the objects of the expenditure is required to attach. Provide the documentary proof.

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Thanks & Regards,

CS Preeti Gupta

FCS, MSc(IT), BSc(CS),

Partner, 

Spark & Associates,

9977850565

[Santhosh Shetty]

1) 3 Year's income & expense projection required to be submitted with signing of proposed directors.

2) Also remove points 80 to 88, 90 from E-AOA, otherwise further remarks will come.

Thanks & Regards

CS Santhosh Shetty

C.S, LL.B, B.Com

S.G.Shetty & Associates

Practicing Company Secretaries

A Peer Reviewed Firm

06, Building No. A-1,

Apna Ghar CHSL, Opp. Ginger Hotel,

Teli Galli, Andheri (East), 

Mumbai  - 400 069.

M: +91-98213 20494 / +91-91525 20494

Email: cssantho...@gmail.com, shetty4...@gmail.com

To view this discussion visit https://groups.google.com/d/msgid/csmysore/CADsruy%2BdmrLjbp%3DTM_NE1yUNv1ppWrta3fbdXGpmhn4h4kf6DA%40mail.gmail.com.

[preeti gupta]

it was already  attached (projected income n expenses)

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[CompanyXchange]

1. Point No. 80 to 88 and 90 of E-AOA
   These clauses relate to dividend declaration and capitalisation of profits. Since a Section 8 company cannot declare dividend, these articles should marked as “Not Applicable.” There should be no such enabling article in the AOA.

2. Objects Clause in E-MOA
   Activities relating to fund raising (by way of deposits), providing finance, advancing loans, giving credit, economic assistance, micro credit, micro finance, etc. are not permissible for a Section 8 Company.
   Accordingly, the main and ancillary objects should be kept simple and should not contain any reference to such financial activities.

3. Estimated Income & Expenditure (Next 3 Years)
   As required under Rule 19(3)(c) of the Companies (Incorporation) Rules, 2014, an estimate of future annual income and expenditure for the next three years is required, specifying:

   • Sources of income

   • Heads of expenditure aligned with the objects

   The statement should be signed by all the subscribers.have attached the draft which you can modify

4. SPICe+ Part B – Source of Income
   It should be selected as “Income from Other Sources.” 

Kind Regards,
Anirudh Kumar Tanwar
M.Com (Accounts & Business Statistics)
Practicing Company Secretary
Registered Valuer – IBBI
Peer Reviewer – ICSI
Cell: 8268649291

On Thu, Feb 26, 2026 at 1:01 PM gupta.preeti10 <gupta.p...@gmail.com> wrote: