INC-4-One Person Company Change in Member/ Nominee
Form INC-4 is used for filing a notice of change in the member or nominee of a One Person Company (OPC) with the Ministry of Corporate Affairs. Under the provisions of the Companies Act, 2013, an OPC must appoint a nominee who will become the member of the company in the event of the death or incapacity of the sole member.
If the nominee withdraws consent, the member decides to change the nominee, or the nominee becomes ineligible, the company is required to inform the Registrar of Companies by filing Form INC-4. This ensures that the statutory records of the company remain updated and compliant with regulatory requirements.
Timely filing of INC-4 is important because the law requires companies to report such changes within the prescribed time limit. Proper documentation and compliance with procedural requirements help avoid penalties and ensure smooth corporate governance.
Our Services for INC-4 Filing
We assist One Person Companies in managing the compliance related to change in member or nominee and filing Form INC-4 with the Registrar of Companies.
Advisory on OPC Nominee Requirements
Providing guidance on the legal provisions relating to appointment and change of nominee in a One Person Company.
Documentation Preparation
Assisting in preparing necessary documents including consent of the new nominee and withdrawal of consent by the existing nominee if applicable.
Drafting of Board Resolutions
Preparation of required resolutions and supporting documents for updating the nominee details.
Filing of Form INC-4
Preparation and submission of Form INC-4 with the Registrar of Companies through the Ministry of Corporate Affairs portal.
Compliance Monitoring
Ensuring that the filing is completed within the statutory time limits to maintain compliance under the Companies Act.
When is Form INC-4 Required?
Form INC-4 is required to be filed in the following situations:
• When the existing nominee withdraws consent
• When the member of the OPC appoints a new nominee
• When the nominee becomes ineligible to act as nominee
• When there is a change in the nominee details of the One Person Company
F.A.Q.
Form INC-4 is a form used to notify the Registrar of Companies about a change in the nominee or member of a One Person Company.
A One Person Company must file Form INC-4 whenever there is a change in the nominee or when the nominee withdraws consent.
The nominee becomes the member of the company in case the sole member dies or becomes incapable of managing the company.
Yes. Every One Person Company must appoint a nominee at the time of incorporation.
The company must file Form INC-4 within the prescribed time limit after the change in nominee or member takes place.
Documents generally include the consent of the new nominee, withdrawal of consent by the existing nominee (if applicable), and relevant declarations required under the Companies Act.
