is Form INC 22A?
Form INC 22A, also known as e-Form ACTIVE (Active Company Tagging Identities and Verification), is a declaration form that was introduced by the Ministry of Corporate Affairs (MCA) in India. This form is mandatory for all companies registered under the Companies Act, 2013, and provides crucial information about the company`s status and compliance.
Why is Form INC 22A Important?
Form INC 22A plays a vital role in ensuring transparency and regulatory compliance within the Indian corporate sector. It helps the government and other stakeholders to verify the active status of a company and confirm its adherence to statutory regulations. By filing this form, companies can demonstrate their commitment to maintaining accurate and up-to-date records, which is essential for building trust and credibility.
Details in Form INC 22A
When completing Form INC 22A, companies are required to provide various details, including:
| Information | Description |
|---|---|
| Corporate Identity Number (CIN) | Unique identification number assigned to the company by the MCA |
| Registered Office Address | Physical location where the company conducts its business operations |
| Photograph of the Registered Office | Visual evidence of the company`s physical presence at the registered address |
| Details of Directors | Information about the individuals serving as directors of the company |
Deadline for Form INC 22A
The MCA has specified a deadline for filing Form INC 22A, and non-compliance can result in penalties and other adverse consequences. It is essential for companies to understand the deadline and ensure timely submission of the form to avoid any legal repercussions.
Story: Impact of Form INC 22A
One notable case study that highlights the significance of Form INC 22A involves a company that successfully filed the form and received a positive response from regulatory authorities. This facilitated smoother business operations and enhanced the company`s reputation as a compliant and responsible entity.
Thoughts on Form INC 22A
Form INC 22A is a critical requirement for companies seeking to demonstrate their active status and compliance with regulatory obligations. By understanding the importance of this form and fulfilling the necessary criteria, companies can strengthen their position in the market and contribute to a transparent and accountable corporate environment.
Legal Contract: Form INC 22A
Form INC 22A, commonly referred to as the e-Form ACTIVE (Active Company Tagging Identities and Verification), is a form that needs to be filed by every company incorporated on or before December 31, 2017. This form is mandatory for all companies registered under the Companies Act, 2013.
Contract
| Parties | Party A (Hereinafter referred to as “Company”) |
|---|---|
| Definitions | 1. Form INC 22A: Refers to the e-Form ACTIVE (Active Company Tagging Identities and Verification) as mandated by the Ministry of Corporate Affairs under the Companies Act, 2013. |
| Recitals | Whereas, the Company is required to file Form INC 22A in compliance with the provisions of the Companies Act, 2013; |
| Agreement | The Company hereby agrees to diligently prepare and file Form INC 22A within the prescribed timeline as per the provisions of the Companies Act, 2013 and any other applicable laws and regulations. The Company shall bear all costs and expenses associated with the filing of Form INC 22A. |
| Governing Law | This contract be by and in with the laws of [State/Country]. |
| Dispute Resolution | Any dispute arising out of or in connection with this contract shall be resolved through arbitration in accordance with the rules of the [Arbitration Association]. |
| Execution | This contract shall be executed in duplicate, each party retaining one original copy. |
Asked Legal Questions Form INC 22A
| Question | Answer |
|---|---|
| 1. Is Form INC 22A? | Form INC 22A is a mandatory filing for companies to verify their active status with the Registrar of Companies (ROC). It is also known as e-Form ACTIVE (Active Company Tagging Identities and Verification). |
| 2. Who needs to file Form INC 22A? | All companies incorporated on or before December 31, 2017, are required to file Form INC 22A. However, companies which have been struck off or are under the process of striking off are not required to file this form. |
| 3. What happens if a company fails to file Form INC 22A? | If a company fails to file Form INC 22A within the specified due date, it will be marked as “ACTIVE non-compliant” and will face consequences such as restricted corporate actions and heavy penalties. |
| 4. Are the documents for Form INC 22A? | The documents required for filing Form INC 22A include details of the company`s registered office, photographs of the external and internal office showing therein at least one director/KMP who has affixed his/her Digital Signature to this form and a declaration by the company that it is in active company. |
| 5. Can a company change its registered office address through Form INC 22A? | No, Form INC 22A is only for verifying the active status of the company. For changing the registered office address, the company needs to file separate forms with the ROC. |
| 6. Is there a fee for filing Form INC 22A? | Yes, there is a fee for filing Form INC 22A, and the amount varies based on the company`s authorized capital. |
| 7. Can a company file Form INC 22A after the due date? | No, once the due date for filing Form INC 22A has passed, the company cannot file the form. It will be marked as “ACTIVE non-compliant” and will have to face the consequences. |
| 8. How can Form INC 22A be filed? | Form INC 22A can be filed online through the Ministry of Corporate Affairs (MCA) portal using the company`s Director Identification Number (DIN) and Digital Signature Certificate (DSC). |
| 9. What is the penalty for late filing of Form INC 22A? | The penalty for late filing of Form INC 22A is substantial and increases with each passing day of non-compliance. It is advisable for companies to file the form within the specified due date to avoid heavy penalties. |
| 10. Are any from Form INC 22A? | No, All companies incorporated on or before December 31, 2017, are required to file Form INC 22A. There are no exemptions provided for this filing. |
