1. Yes, you can use home address asn registered address of company.
2. The following information may help you to understand the requirements-
A. Company Law defines a private company as one which- Has a minimum paid-up share capital of Rs. 1 Lakh or such higher capital as may be prescribed and
By its Articles of Association
Restricts the right of transfer of its share
Limits the number of its members to 50 which will not include:
members who are employees of the company and
members who are ex-employees of the company and were members while in such employment and who have continued to be members after ceasing to be employees
Prohibits any invitation to the public to subscribe for any shares or debentures of the company and
Prohibits any invitation or acceptance of deposits from persons other than its members, directors or their relatives.
B. Minimum Requirement to be fulfilled to Form a Private Limited Company:
Two promoters (Shareholders)
Two directors
Authorised capital of Rs.1,00,000
DIN (Director Identification Number) for all the Directors
DSC (Digital Signature Certificate) for one of the Directors is required.
It takes around 2-4 weeks to complete whole procedure.