Recently the Ministry of Corporate Affairs has accepted the new Companies Act 2013 which provided many simplifications for various sections of the old Act.In June 2015 INC-29 has been introduced, as per newly introduced rules under the Companies Act 2013 for company incorporation.
EForm INC-29 deals with the single application for approval of name of the company, incorporation of a new company and/or application for allotment of DIN. This eForm is accompanied by supporting documents including details of Directors & subscribers, MoA and AoA etc. Once the eForm is processed and found complete, company would be registered and CIN would be allocated.
The entire processing of registering a company can be completed within a span of two weeks now. And sometimes even faster.