Is INC-22A mandatory for OPC?






As per Section 10A, every Company, incorporated after the date of the ordinance i.e. 2nd November, 2018, is obliged to file a declaration in E-Form 20A with the Registrar of Companies within a period of 180 days from the date of incorporation declaring that the Company has received the entire subscription money from its subscribers to the Memorandum and has filed a Form INC-22 for verification of its registered office.

This provision is applicable to all newly incorporated Companies (incorporated after 2nd November, 2018) having a share capital.

It is pertinent to note that a Company cannot commence its business or exercise any borrowing power unless a declaration has been filed.

To know more about INC-22, please visit our blog on Re-introduction of filing of Declaration before Commencement of Business w.e.f. 2nd November, 2018.

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