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    Compounding should be filed before or after filing form INC-20A.

    Posted By : mahimajain / Published on : 07-Nov-2022 09:35 AM / View : 320 / Comment : 1

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    Hello Professionals

    whether compounding should be filed before or after filing Form INC 20A.Following declaration is given in Form INC20A-I declare that I’ve been duly engaged for the purpose of certification of this form.It is hereby certified that I have gone through the provisions of the Co.Act13 and Rules Co./applicant which is sub. matter of this form and found them to be true, correct, and complete and no info. material to this form has been suppressed
    Read more on : filing form after before should filed compounding

    • If any default is made in complying with the requirements of this section, the company shall be liable to a penalty of fifty thousand rupees and every officer who is in default shall be liable to a penalty of one thousand rupees for each day during which such default continues but not exceeding an amount of one lakh rupees.
      Therefore, compounding must be there if penalty proceeding initiated by ROC . You can refer latest case of Mumbai ROC u/s 10A

      We can file INC 20A with additional fees based on delay in filling like 12 time of normal fees for delay beyond 180 days

      26-12-2022 / 08:23:14 AM
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