Q: Is there anything needs to be done once you receive certificate of incorporation.
A. Yes, a company has to do following things in order to avoid the penalties.
- CIN Display
- Appointment of Auditor
- Apply PAN & TAN of the company
- Issue of Share Certificate
- Statutory Register of company
| S.no | Period of delays | Penalty |
|---|---|---|
| 1. | upto 15 days (sections 93,139 and 157) | One time of normal filing fees |
| 2. | More than 15 days and upto 30 days(Sections 93, 139 and 157) and upto 30 days in remaining forms | 2 times of normal filing fees |
| 3. | More than 30 days and upto 60 days | 4 times of normal filing fees |
| 4. | More than 60 days and upto 90 days | 6 times of normal filing fees |
| 5. | More than 90 days and upto 180 days | 10 times of normal filing fees |
| 6. | More than 180 days and upto 270 days | 12 times of normal filing fees |
