Introduction of E-Form MSME-1 and INC-22A By Akhil Thakur

Know all about this e-Form INC -22 A for Company KYC

With regards to the latest E-form INC-22A (Active) introduced by MCA, Every company incorporated on or before the 31st December, 2017 shall file the particulars of the company and its registered office, in e-Form ACTIVE INC-22A. 

The major point worth noting is that the due date of filing Form INC-22A is June 15, 2019 after which a Penalty of Rs. 10,000/- will be levied and also, the status of  the Companies will be changed to active Non-compliant and they will be restricted from filing E-forms:

Due Date of Filing: 

The Notification states that all companies shall file the E-Form 22A on or before June 15, 2019.
Know all about this E-Form- MSME

  • The Ministry of Corporate Affairs has deployed E-form MSME-1 on May 01, 2019 and as per its Order vide Notification dated January 22, 2019, Every Specified Company shall file details of all outstanding dues to Micro or small enterprises suppliers existing on the date of notification of this order within 30 Days from the date of publication of this notification. 
    Due date of filing of one-time return in E-form MSME-1 is May 31, 2019.
    FAILURE to file the aforesaid return by May 31, 2019 can bring a Penalty on the Company which may extend to Rs. 25,000/- and every officer of the company who is in default shall be punishable with upto 6 months imprisonment or with a minimum fine of Rs. 25000/-  extendable to Rs. 3 Lakhs, or with both. 

Act swiftly to save yourself from the negative consequences:

The smartness lies in companies being compliance ready at the earliest. An exhaustive list of required documents should be cross-checked and kept ready. 

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