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What will happen if we have not filed INC 20A within 180 days after registration of company ?

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Anjali Bansal Anjali Bansal, Practicing Company Secretary verified
Answered on July 14,2021

You can file e-Form INC 20 A with additional fees for another 180 days, beyond which following will be the consequences:

  • Company will be liable to pay Rs. 50,000 penalty for not filing the Form INC 20A
  • Every officer who is in default is liable to pay Rs. 1000/- per day of default upto a Maximum Rs. 1,00,000/-
  • Registrar may initiate action for the removal of the name of Company / Strike off company name.

To know more, you may write to me at anjalibansalcs@gmail.com

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Guide

Form INC 20A : Declaration of Commencement of Business

Form INC 20A: Declaration for the Commencement of Business is the declaration that the Director of the Company needs to file with the Registrar of Companies. This declaration is filed in For..
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