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I have established my company in February 2020. But I have not applied for Certificate of commencement of business(INC 20A) with in 180 days. Penalty seems to be high. Do I need to pay it or is there some way out ?
I have established my company in February 2020. But I have not applied for Certificate of commencement of business(INC 20A) with in 180 days. Penalty seems to be high. Do I need to pay it or is there some way out ?
Anjali Bansal, Practicing Company Secretary
Answered on July 14,2021
Answered on July 14,2021
You will have to pay the penalty amount, there is no other way out.
To know more you may write to me at anjalibansalcs@gmail.com
Guide
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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..  Click here to get a detailed guide