Genvio Corporate Pathfinder

04/12/2025

ROC Delhi Penalises Company for Delay in Filing INC-20A- A Quick Compliance Reminder

The Registrar of Companies (ROC), Delhi recently imposed penalties on Instant Supply Chain Solutions Private Limited and its directors for not filing Form INC-20A (Commencement of Business) on time. The Company began operations and borrowed funds soon after incorporation but filed INC-20A almost nine months later. Since this form must be filed before starting business or borrowing, it was treated as a violation.

Penalty Imposed
Company: ₹50,000
Each director: ₹1,00,000

The ROC also directed that this non-compliance must be disclosed in the upcoming Board Report.

Key Takeaways for every new Company:
a) Open bank account immediately after the Company is incorporated
b) Get the first subscription money deposited in the bank account
c) File INC-20A before starting business or taking loans

A small oversight can result in significant penalties- early compliance saves trouble later.

Ref Link: https://www.mca.gov.in/bin/dms/getdocument?mds=WHZ3f57zHkgfrJs9zOrdOA%3D%3D&type=open

29/10/2024

"Wishing you a golden Dhanteras filled with treasured moments, sparkling wealth, and a future as bright as the festival lights!"

08/06/2023

We had shifted to a new address but with an intention for more quality service and greater commitment..

Thank you for being patient till the time of the shifting.. 🙏😊

19/05/2023

We are looking for hiring fresher Company Secretary on immediate basis for a consultancy firm in Gurgaon, Sector 38.

Interested can share their resume at [email protected].

19/05/2023

Looking for graduate or equivalent to work in a Consultancy firm for looking after the day to day operations:
1. Working on MS Office
2. Maintaining files
3. Attending the calls of clients and reverting over emails
4. Improving operational management systems, processes, and best practices
5. Coordinating with different stakeholders to get the job done
Any leads, please share CV at [email protected]

19/05/2023

We are urgently looking for the position of Accounts Executive for the location in Gurgaon, Sector 38, Gurugram
Job Responsibilities;
Minimum 1 Year Experience in Accounts payable profile.
All Accounting Entries
Bank Reconciliation
Working experience in Gst & Tds
Preparation of invoices, vendor Payment,
hands-on Experience in Tally and Excel.
Good Communication Skills.
Experience- 1-year Minimum.
Qualification- B.com
Candidates who can join immediately will be preferred.
Interested candidate can revert with their updated cv at [email protected]

19/05/2023

Looking for CS articles in practicing Company Secretary Firm,

Neelam Agarwal & Associates located at Sector 38, Gurugram, Haryana

Candidates will get fair knowledge of Company Law, FEMA, IPR, Labour laws and Licensing works. We majorly work for startups and private limited companies.

Stipend -
Executive Cleared- Rs. 7000 (can be increased post completion of one year and will be on the basis the performance)
Professional Cleared- Rs. 10000 (can be increased post completion of one year and will be on the basis the performance)

Please share your resume at [email protected]

Please note, share your resume after checking the location, stipend and the work profile shared here.

08/03/2023

A festival to mark the start of spring full of colours, a festival to celebrate the victory of good over evil, a festival to celebrate the eternal and divine love of Radha & Krishna..

Wish you all and your family a very Happy Holi full of colours, happiness and joy with lots of fun filled moments with your near and dear ones!!

27/08/2022

The Central Govt. & RBI had taken significant step and had came up with a new regime for Overseas Investment covering wider economic activity and significantly reducing the need for specific approvals.

Some of the significant changes brought about through the new rules and regulations are summarised below:
(i) enhanced clarity with respect to various definitions;
(ii) introduction of the concept of “strategic sector”;
(iii) dispensing with the requirement of approval for a) deferred payment of consideration; b) investment/disinvestment by persons resident in India under investigation by any investigative agency/regulatory body; c) issuance of corporate guarantees to or on behalf of second or subsequent level step down subsidiary (SDS); d) write-off on account of disinvestment;
(iv) introduction of “Late Submission Fee (LSF)” for reporting delays.

For more info, please visithttps://rbidocs.rbi.org.in/rdocs/content/pdfs/GazetteRules23082022.pdf

https://rbi.org.in/Scripts/NotificationUser.aspx?Id=12380&Mode=0

https://www.rbi.org.in/Scripts/NotificationUser.aspxId=12381&Mode=0

In exercise of the powers conferred by sub-section (1) and clause (a) of sub-section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank hereby makes the following regulations, namely:–

30/01/2022

Happy Sunday!!

25/01/2022

With faith in our hearts and independence in our thoughts, let's salute the Nation.

Happy Republic Day !!!

25/12/2021

Merry Christmas 🎉🎉