Home |MCA | My company has not filed INC 20 A. We have not commenced business so far and are planning on closing the company and striking it off once it's one year. Do we need to file the INC 20A with fine? Will the directors be liable at a later point?

My company has not filed INC 20 A. We have not commenced business so far and are planning on closing the company and striking it off once it's one year. Do we need to file the INC 20A with fine? Will the directors be liable at a later point?

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Anjali Bansal Anjali Bansal, Practicing Company Secretary verified
Answered on October 28,2021

If you are planning to close the company, nothing needs to be done. Only make sure Director's KYC is done. 

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

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