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|