It is a simple declaration to be filed in eForm INC-22A with MCA regarding receipt of share capital amount by the company.
A penalty of Rs. 50,000/- for company and Rs. 1,000/- for each director will be imposed and the company can not excercise the borrwing powers and can not file any other forms with MCA.
One of the directors of the company and a professional like CA/CA et.,
This is introduced to get the declaration of commencement of business as earlier so many companies were registered and did not commence business.
Yes, it it mandatory to a company having share capital.
Commencement of Business
Commencement of Business + Annual Compliance*
Commencement of Business + Annual Compliance
Trade Mark Registration
Domain Name for one year
Web hosting for one year
You are truly experienced in Company Registrations. Keep it up!Ram Kumar Chilukuri Director, Anewa Engineering Pvt Ltd 02.06.2016
Thanks for your continuous support. God bless you!Nrupesh CFO, Blujay Solutions Private Limited 14.06.2016
Thank you CompaniesHouse for saving in Income Tax!Avtar Singh Managing Partner, Chetak Transporters 25.06.2016
We are surprised to get our Company registered in one day. Thanks to you guys!Mohammed Fasiuddin Director, Avidus Engineering Private Limited 29.06.2016
Thank you for the initial discussion as we choose best business format!Lakshmi Keerthi Reddy Director, Lavanar Sea Food Farming Private Limited 01.09.2016
Thank you CompaniesHouse for reminding on timely statutory compliance!Rambabu Director, Cybervillage Solutions Pvt ltd 05.09.2016