Hire a lawyer familiar with company law to draft a Shareholder agreement
Hiring a CA / CA firm with Company secretary (CS) associates to handle ROC filings to process investment
Get agreement with investors on Shareholder Agreement. Convening a Board meeting for authorizing the execution of shareholder agreement
Execution of shareholder agreement
Issuing form PAS-4 (offer letter ) to the investors along with share application forms serially numbered
Filling of Form PAS-4 (offer letter) with the ROC within 30 days from the circulation of Form PAS 4
Completion of all Conditions Precedent (if any in the shareholders agreement)
Investors shall notify their approval, on which the Investors shall subscribe to shares
Convening a Board Meeting for issue and allotment of shares to the investors, alteration of the articles of association
Appointment of nominee director (if mentioned as part of the agreement) on the board
Receiving the nominee director’s consent in Form DIR-2
Filling of Form PAS 3 with the RoC (within 30 days from the date of the allotment of shares)
Filling of Form MGT 14 (declaration of key resolutions) with the RoC, after enclosing the closing board resolution and the shareholders’ resolution
Filling of Form DIR -12 (after attaching Form DIR – 2, providing for consent to hold the office of a director) with the RoC for appointment of nominee director (if mentioned as part of agreement)