Advertise With Us

    INC-20 Filing failed

    Posted By : Shiriti / Published on : 05-Apr-2022 10:06 AM / View : 463 / Comment : 1

    Print button
    Will my company account get freezed if my client didnt filed INC 20A : Commencement of Business within 180 days from the date of incorporation?
    Read more on : failed filing

    • Rule 23A: Declaration at the time of commencement of business.- 

      The declaration under section 10A by a director shall be in Form No, lNC-20A and shall be filed as provided in the Companies (Registration Offices and Fees) Rules, 2014 and the contents of the said form shall be verified by a company Secretary or a chartered Accountant or a cost Accountant. in practice: Provided that in the case of a company pursuing objects requiring registration or approval from any sectoral regulators such as the Reserve Bank of India, Securities and Exchange Board of India, etc., the registration or approval, as the case may be from such regulator shall also be obtained and attached with the declaration. 

      Declaration prior to the commencement of business or exercising borrowing powers 

       

      Where no declaration has been filed with the Registrar under clause (a) of sub-section (1) within a period of one hundred and eighty days of the date of incorporation of the company and the Registrar has reasonable cause to believe that the company is not carrying on any business or operations, he may, without prejudice to the provisions of sub-section (2), initiate action for the removal of the name of the company from the register of companies under Chapter XVIII.] 

      12-07-2022 / 05:21:39 AM
      Reply
    Please Select File:



Other Queries from Shiriti
What's New on

Unanswered Queries
Latest Queries
Like us on Facebook
Follow Us on Twitter

We are always here to help you. Don’t hesitate to contact us anytime!

+91-9988424211 or ask@compliancecalendar.in