Every Company incorporated in India needs to file Form INC 20A (Commencement of Business) within 180 days from the date of incorporation
Consequences of non-filing of Form-INC-20A may create hindrance for companies to start their business and also while borrowing of money. The company would be liable to a Penalty for late filing the Form INC-20A if it exceeds 180 days of from the date of incorporation.
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