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Incorporation

INC-20A

Declaration for commencement of business. Declare that every subscriber has paid the value of shares agreed to be taken.

Who filesCompany with share capital, after incorporation.
Governing lawSection 10A
DueWithin 180 days of incorporation.
How it is filedMCA V3.
FeeNormal filing fee on the capital slab.
CertificationPractising professional certification is part of the form.

When to file

  • After the certificate of incorporation and receipt of subscription money.

Attachments

  • Bank statement or other evidence of receipt of subscription money

Steps

  1. Confirm subscription money is credited.
  2. Attach evidence.
  3. File within 180 days.

Questions

What if the 180 days pass?
The company cannot commence business, and the Registrar may initiate strike-off. Late filing needs the additional-fee and condonation path then in force.

VerifiedAct-sourced — Section 10A.