||Apply for name availability new company (Wholly Owned Subsidiary of SEBI Approved Member ) with ROC for Setting up IFSC unit including (IFSC) word as a part of name.
||After name availability confirmation from ROC,obtain NOC from GIFT SEZ or any co-developer for usage of GIFT address for in corporation
||After provisional allotment of space, apply for company formation with ROC and obtain certificate of Incorporation and also apply for PAN Card allotment.
||Issuance of letter of Approval("LOA")as per SEZ Act,2005 and Rules,2006 and submission of acceptance letter
||Representation before unit approval committee, if no query found on scrutiny of application
||Post formation of company an application is to be made to the concerned Development Commissioner of SEZ for unit
||Application to be made to India INX & SEBI for membership and approval for starting operations in IFSC
||Execution of Bond Cum Legal undertaking in accordance to SEZ Act and Rules for availing various types of benefits available under SEZ policy