Form No. 26 Companies Act 1956 Template

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FORM NO. 26 OF THE COMPANIES ACT, 1956 Format

Need a compliant FORM NO. 26 of the Companies Act, 1956 format for your company's application to the Central Government? Download our ready-to-use, customizable legal template in PDF or Word format today and ensure seamless regulatory approval in India.

What is FORM NO. 26 of the Companies Act, 1956?

FORM NO. 26 is the prescribed application form under the Companies (Central Government's) General Rules and Forms, 1956. It is specifically designed for companies seeking prior approval from the Central Government for the appointment or continuance of managing agents or secretaries and treasurers, pursuant to Section 204A of the Companies Act, 1956.

This form was crucial during the era when managing agency systems were prevalent in Indian corporate structures. Though largely phased out post-1970s, it remains relevant for legacy compliance, historical documentations, amalgamations involving old entities, or specific legal litigations referencing the 1956 Act.

Why is FORM NO. 26 Important?

Submitting the correct FORM NO. 26 format is a statutory obligation to validate appointments of key managerial personnel like managing agents or secretaries and treasurers. Non-compliance can lead to severe penalties, including fines up to Rs. 5,000, imprisonment, voiding of appointments, and director disqualifications under the Act.

Key benefits include:

Government oversight ensuring fairness and preventing misuse.
Enhanced corporate governance and shareholder protection.
Avoidance of legal disputes and smoother business operations.

Ideal for maintaining impeccable records under Indian company law requirements.

Key Elements of the FORM NO. 26 Format

Our professional FORM NO. 26 of the Companies Act, 1956 sample includes all mandatory sections for complete filing:

Company Particulars: Registered name, CIN (Corporate Identity Number), address, authorized capital, and financial year.
Details of Applicant/Appointee: Name, address, occupation, nationality, date of birth, and prior experience with the company or affiliates.
Proposal Details: Nature of appointment (managing agent/secretaries & treasurers), proposed terms, remuneration structure, tenure, and board resolution reference.
Justification: Reasons for appointment/continuance, benefits to the company, and compliance with MoA/AoA.
Financial Disclosures: Profit & loss details for preceding three years, capital structure, and dividend history.
Declarations and Attachments: Signed declarations by directors and appointee, plus annexures like balance sheets, board minutes, and expert opinions.

This structure ensures your FORM NO. 26 format meets all Central Government scrutiny standards.

Who Should Use This FORM NO. 26 Template?

Company secretaries and compliance officers of private/public limited companies under the Companies Act, 1956.
Businesses reviving old structures or handling transitional governance.
Legal firms assisting in corporate reconstructions, mergers, or disputes.

Common use cases: Manufacturing firms, trading houses, and investment companies with historical managing agency ties; civil litigation involving company governance; ROC filings for legacy compliance.

Download Your Customizable FORM NO. 26 Sample Now

Get instant access to our SEO-optimized FORM NO. 26 of the Companies Act, 1956 format. Choose from free basic download or paid premium versions with AI customization and legal review options. Available in editable Word and print-ready PDF formats – perfect for India-specific requirements.

Final Note on Customization and Legal Advice

While our ready-to-use FORM NO. 26 legal template accelerates your process, customize it to fit your unique scenario using AI tools or professional legal help. This is not legal advice; always consult a qualified chartered accountant, company secretary, or lawyer to align with current ROC/Central Government guidelines and court/company requirements.

Explore related legal templates: Form 25 Format, Section 269 Application, Companies Act 1956 Forms, free download India, customizable contracts. Stay compliant effortlessly!

FORM NO. 26 OF THE COMPANIES ACT, 1956

Non-Judicial

FORM NO. 26

THE COMPANIES ACT, 1956

Nominal capital Rs. ............................. Registration No. of company ......................

State where registered...................

Form of application to the Central Government for increasing the remuneration of managing/whole-time director/manager

[Pursuant to sections 310, 311 and 388]

Details of application fee paid:

(a) Payment is made by (I) treasury Challan, (ii) demand draft.

(b) Treasury Challlan No./demand draft No. and date.

(d) Fee paid ................................................Rs...........

PART A

1. Particulars of company (in block letters):

(a) Name of the company.

(b) Address of its registered office.

(d) Date of issue of certificate of commencement of business.

(e) Nature of business.

(f) Whether the company is and deemed public limited company under section 43A Yea/No

If yes, date, from which it became deemed public limited company

2. (a) Management structure (list of directors/managing directors/Whole-time directors ( in capital letters):

Sl. No.

Name

Designation

Nationality

Date of appointment

( Managerial remuneration paid during the last three years to be stated separately for each director/managing director/whole-time director/manager)

(b)

Effective capital on date as per latest audited balance sheet (as defined in Schedule XIII)(Rs. in thousands).

Effective capital as on

(i)

Paid-up share capital

.................................................................

share premium account

.................................................................

Reserves and surplus

.................................................................

Long-term loans which are repayable after one year

.................................................................

Deposits

.................................................................

Total

.................................................................

Less:

(ii)

Investments

.................................................................

Accumulated losses

.................................................................

Preliminary expenses not written off

.................................................................

Total

.................................................................

(i)-(ii)

.................................................................

4. Working results of the company during last five years.

Financial parameters

Year

Turnover

Net profit

(as computed under section 198)

Net profit as per profit and loss account

Amount of dividend paid

Rate of dividend declared

5. In the case of new companies, where the commercial production has not yet commenced, please furnish project cost, the sources of finance and the projections of turn over, net profits (as computed under section 198) for the next three years.

6. Reasons for the loss/inadequacy of profit, if any.

7 Steps taken to improve the performance of the company, whether BIFR/financial institution/bank has approved any scheme for the revival of the company, if so, furnish details thereof and copy of the scheme.

8 Name and address of the present auditors of the company.

PART B

9. State precisely the proposal of the company for which approval of Central Government is sought, inter alia, indicating the following:

Name

Designation

Age

Nationality

Qualification

Experience
(in No. of months)

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Important Guidelines

Guidelines for Drafting FORM NO. 26 OF THE COMPANIES ACT, 1956

Form No. 26 is employed under the Companies Act, 1956, for filing a notice with the Registrar of Companies regarding the appointment of a managing director, whole-time director, or manager. Follow these guidelines for effective drafting:

Accurate Information: Provide precise details about the company, the appointee, and the terms of appointment. Accuracy is essential for legal compliance.

Comprehensive Details: Include comprehensive information about the managing director, whole-time director, or manager being appointed, specifying roles, responsibilities, and remuneration.

Legal Compliance: Ensure the form adheres to the legal requirements specified in the Companies Act, 1956. Seek legal advice to confirm compliance with relevant provisions.

Board Resolution: Include a board resolution supporting the appointment. Document the resolution in compliance with legal formalities.

Common Mistakes to Avoid:

Incomplete Information: Fill out all sections of Form No. 26 thoroughly. Any omissions or incomplete information may lead to rejection or delays in processing.

Mismatched Information: Ensure consistency across the form. Information in different sections should align to avoid discrepancies.

Failure to Attach Necessary Documents: Include all required supporting documents, such as the board resolution and any other documents specified in the form. Failure to do so may result in non-compliance.

Ignoring Legal Formalities: Be aware of the specific legal formalities and timelines associated with filing the notice. Failure to comply may result in legal complications.

Form No. 26 is vital for companies appointing key personnel. Adherence to these guidelines ensures a comprehensive and accurate filing, minimizing the risk of legal complications and promoting regulatory compliance.

Frequently asked questions

What is Form No. 26 under the Companies Act, 1956?→

Form No. 26 is the prescribed legal format for filing particulars of a contract relating to the appointment of a managing director, whole-time director, or manager with the Registrar of Companies (ROC) in India under Section 302.

Is Form No. 26 still valid in India after the Companies Act, 2013?→

The Companies Act, 2013 has replaced the 1956 Act; use equivalent forms like PAS-3 or MR-1 for current filings. Form 26 may apply for legacy matters—verify with MCA portal.

When and who should use Form No. 26 of the Companies Act, 1956?→

Indian companies must file this form within 30 days of entering a contract for appointing MD/WTD/manager, ensuring compliance with ROC requirements.

Does Form No. 26 require stamp duty in India?→

Stamp duty on Form No. 26 is nominal and state-specific; typically applies to attached contracts under Indian Stamp Act—affix as per local rules before ROC filing.

In what format can I download Form No. 26?→

Download Form No. 26 in editable Word or ready-to-print PDF format for convenient use in Indian company filings.

Can I customize or edit Form No. 26?→

Yes, the Word version of this legal form is fully customizable—insert company details, dates, and terms while maintaining compliance with Indian laws.

FORM NO. 26 OF THE COMPANIES ACT, 1956

Non-Judicial

FORM NO. 26

THE COMPANIES ACT, 1956

Nominal capital Rs. ............................. Registration No. of company ......................

State where registered...................

Form of application to the Central Government for increasing the remuneration of managing/whole-time director/manager

[Pursuant to sections 310, 311 and 388]

Details of application fee paid:

(a) Payment is made by (I) treasury Challan, (ii) demand draft.

(b) Treasury Challlan No./demand draft No. and date.

(d) Fee paid ................................................Rs...........

PART A

1. Particulars of company (in block letters):

(a) Name of the company.

(b) Address of its registered office.

(d) Date of issue of certificate of commencement of business.

(e) Nature of business.

(f) Whether the company is and deemed public limited company under section 43A Yea/No

If yes, date, from which it became deemed public limited company

2. (a) Management structure (list of directors/managing directors/Whole-time directors ( in capital letters):

Sl. No.

Name

Designation

Nationality

Date of appointment

( Managerial remuneration paid during the last three years to be stated separately for each director/managing director/whole-time director/manager)

(b)

Effective capital on date as per latest audited balance sheet (as defined in Schedule XIII)(Rs. in thousands).

Effective capital as on

(i)

Paid-up share capital

.................................................................

share premium account

.................................................................

Reserves and surplus

.................................................................

Long-term loans which are repayable after one year

.................................................................

Deposits

.................................................................

Total

.................................................................

Less:

(ii)

Investments

.................................................................

Accumulated losses

.................................................................

Preliminary expenses not written off

.................................................................

Total

.................................................................

(i)-(ii)

.................................................................

4. Working results of the company during last five years.

Financial parameters

Year

Turnover

Net profit

(as computed under section 198)

Net profit as per profit and loss account

Amount of dividend paid

Rate of dividend declared

6. Reasons for the loss/inadequacy of profit, if any.

8 Name and address of the present auditors of the company.

PART B

9. State precisely the proposal of the company for which approval of Central Government is sought, inter alia, indicating the following:

Name

Designation

Age

Nationality

Qualification

Experience
(in No. of months)

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0 Word downloads

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