Common mistakes to avoid while filing e-Form INC-20A

Introduction

When it comes to starting a new company, the incorporation process can be a bit overwhelming. There are a lot of steps involved, including filing various forms with the Registrar of Companies (ROC). One of the essential forms that need to be filed is e-Form INC-20A. This form is used to intimate the ROC that the company has completed the necessary requirements for incorporation. However, there are common mistakes that people make when filing this form, which can result in delays or even rejection of the application. In this blog post, we’ll discuss these mistakes and how to avoid them.

What are the common mistakes to avoid while filing e-Form INC-20A?

There are a lot of mistakes that should be avoided while filing e-Form INC 20A. Some of the major mistakes are listed below-:

Mistake #1: Filing the form too early: One of the most common mistakes that people make when filing e-Form INC-20A is filing it too early. This form can only be filed after the company has received its Certificate of Incorporation (COI). If the form is filed before the Certificate of Incorporation (COI) is issued, it will be rejected. Therefore, it’s important to wait until the COI is received before filing e-Form INC 20A.

Mistake #2: Providing incorrect information: Another common mistake that people make is providing incorrect information in the form. It’s essential to ensure that all the details provided in the form are accurate and up-to-date. Any incorrect information can result in the rejection of the application or delay in the process. Therefore, it’s recommended to double-check all the information before submitting the form.

Mistake #3: Not attaching the required documents: E-Form INC 20A requires certain documents to be attached, such as the MOA and AOA, declaration by the first directors, and other necessary documents. Not attaching these documents can result in the rejection of the application. Therefore, it’s crucial to ensure that all the required documents are attached before submitting the form.

Mistake #4: Not verifying the form before submission: One of the common mistakes that people make is not verifying the form before submission. It’s important to check all the details, attachments, and information provided in the form before submitting it. Any mistake or omission can result in the rejection of the application or delay in the process. Therefore, it’s recommended to verify the form before submission thoroughly.

Mistake #5: Failing to pay the requisite fee: E-Form INC-20A requires a specific fee to be paid at the time of filing. Failing to pay the required fee can result in the rejection of the application. Therefore, it’s important to ensure that the requisite fee is paid at the time of filing the form.

Mistake #6: Submitting a handwritten form: E-Form INC-20A needs to be filed electronically, and handwritten forms are not accepted. Therefore, it’s essential to file the form online and avoid submitting a handwritten form. Any handwritten form will be rejected, and the process will be delayed.

Mistake #7: Not obtaining the required digital signatures: E-Form INC-20A needs to be digitally signed by the authorized signatories. Not obtaining the required digital signatures can result in the rejection of the application. Therefore, it’s crucial to ensure that the digital signatures are obtained before submitting the form.

Conclusion

Filing e-Form INC20A is an essential step in the incorporation process, and it’s important to avoid the common mistakes mentioned above. These mistakes can result in the rejection of the application or delay in the process. Therefore, it’s recommended to double-check all the details, attachments, and information provided in the form before submitting it. It’s also important to wait until the Certificate of Incorporation (COI) is received before filing the form, ensure that all the required documents are attached, pay the requisite fee, file the form online, obtain the required digital signatures, and verify.