09/04/2026
The MCA has released a public notice dated April 8, 2026, proposing the Companies (Incorporation) Amendment Rules, 2026These changes aim to simplify processes and boost the Ease of Doing Business. Brief overview of changes proposed-
1. Massive Form Consolidation:
To reduce repetitive disclosures, several forms are being merged into two simplified e-forms:
Form E-CHNG: Merges INC-4, 22, 23, and 24 (for changes in Registered Office and Name)[.
- Form E-CON: Merges INC-6, 12, 18, 20, 27, 28, and RD-1 (for conversions and approvals).
2. SPICe+ & DIN Updates:
More DINs: You can now apply for up to 5 DINs (increased from 3) during incorporation.
Simplified Consent: Subscribers to the MoA will have "deemed consent" to act as directors, removing extra paperwork.
DIR-12 Omitted: Since SPICe+ already captures first director details, Rule 17 is being removed to avoid duplication.
3. Registered Office & Verification:
Flexible Documentation: Rule 25 is being updated to specifically cover owned, leased, and co-working spaces, with a wider range of acceptable documents like municipal khata or utility bills.
Risk-Based Verification: Physical verification by the Registrar will move from "mandatory for all" to a risk-based model, involving local witnesses and police only if necessary.
4. Key Legal & Compliance Shifts:
One Person Companies (OPC): Proposed removal of the director's affidavit for conversion and the omission of specific criminal liabilities under Rule 7A.
Deceased Subscribers: New Rule 23B clarifies that if a subscriber passes away before paying for shares, their legal representative steps into their shoes.
Faster Communication: "Registered Post" requirements are being replaced by Speed Post and E-mail for serving notices.
AGILE-PRO-S: Obtaining EPFO, ESIC, and bank accounts through this form will now be optional, giving businesses more flexibility.
Deadline for Feedback: The MCA invites suggestions and comments via the e-Consultation Module by May 9, 2026.
