Disclaimer
This article is for general informational and educational purposes only. It does not constitute legal, financial, or professional advice. While every effort has been made to ensure accuracy based on the Companies Act, 2013 and Rules thereunder as amended up to March 2026, laws and regulations are subject to change. Readers are advised to consult a qualified Chartered Accountant, Company Secretary, or legal professional before acting on any information contained herein. TaxClue Consultech Pvt Ltd, its directors, employees, and associates accept no liability or responsibility for any loss, damage, or consequence arising from the use of or reliance on the information provided in this article. The sample drafts, resolutions, and templates provided are illustrative in nature and must be customized to the specific facts and circumstances of each case before use. Use of any draft or template from this article is entirely at the reader's own risk and discretion.What Is Form INC-20A?
Form INC-20A is an electronic form prescribed under the Companies Act, 2013 for the purpose of Declaration that subscribers have paid the value of shares agreed to be taken by them and verification of registered office. It is filed with the Registrar of Companies (ROC) through the MCA V3 Portal.
| Parameter | Details |
|---|---|
| Form Number | INC-20A |
| Purpose | Declaration that subscribers have paid the value of shares agreed to be taken by them and verification of registered office |
| Section | Section 10A |
| Applicable Rule | Rule 23A of Companies (Incorporation) Rules, 2014 |
| Who Must File | Company (through authorized director) |
| Who Must Sign (DSC) | Director + Practicing Professional (CA/CS) |
| Filing Deadline | Within 180 days of incorporation |
| Government Fee | Rs. 200 to Rs. 600 (based on authorized capital) |
| Late Filing Fee | Rs. 100 per day of delay (no maximum cap) |
| Filing Portal | MCA V3 Portal (mca.gov.in) -- Business User Login |
MCA V3 Portal Update
Effective 14th July 2025, all company e-forms including Form INC-20A must be filed exclusively on the MCA V3 Portal. The V2 portal has been permanently discontinued. Ensure your Business User account is active, DSC is associated, and DIR-3 KYC is up to date before attempting to file.When Is Form INC-20A Required?
INC-20A is required to be filed under Section 10A of the Companies Act, 2013, read with Rule 23A of Companies (Incorporation) Rules, 2014. The filing obligation arises when the company undertakes the specific event or transaction covered by this form.
The form must be filed within Within 180 days of incorporation from the date of the relevant event. Failure to file within the prescribed period attracts additional fees of Rs. 100 per day of delay, with no upper cap. For delays exceeding 270 days, the company may need to seek condonation from the NCLT, which involves additional legal costs and time.
Documents and Attachments Required
The following documents must be attached while filing Form INC-20A:
- Board Resolution approving filing of INC-20A
- Bank statement showing receipt of subscription money from all subscribers
- Proof of registered office address (if not already filed)
Attachment Best Practices
All attachments must be in PDF format. Individual file size should not exceed 6 MB (10 MB for some forms). Ensure all documents are legible, properly signed, and stamped where required. Name each file clearly (e.g., "Board_Resolution_dated_15Mar2026.pdf"). Improperly attached or illegible documents are a leading cause of form rejection by the ROC.Field-by-Field Filing Guide
The following table provides guidance on how to fill each key field in Form INC-20A:
| Field | What to Enter | Common Mistakes to Avoid |
|---|---|---|
| CIN | Auto-populated on entering CIN | Ensure company master data is up to date |
| Date of Incorporation | Auto-populated | Verify this matches your Certificate of Incorporation |
| Declaration | Confirm that every subscriber has paid the value of shares | Do not file if any subscriber has not yet paid -- this is a criminal declaration |
| Bank Account Details | Enter details of the company bank account where subscription money was received | Must be a current account in the company name |
Step-by-Step Filing Process on MCA V3 Portal
Login to MCA V3 Portal
Go to mca.gov.in and login using your Business User credentials. Ensure your DSC is registered and DIR-3 KYC is updated.
Navigate to Form
Go to MCA Services > Filing Related Services > Company e-Forms. Search for Form INC-20A or navigate through the category menu.
Enter CIN
Enter the Company Identification Number (CIN). The system will auto-populate company details from the master data. Verify all pre-filled information.
Fill Form Details
Enter all required fields as per the field guide above. Double-check dates, DINs, amounts, and section references.
Attach Documents
Upload all required attachments in PDF format. Ensure each file is within the size limit and clearly named.
Pre-Scrutiny Check
Click "Pre-Scrutiny" to validate the form. The system will flag any errors or missing fields. Resolve all errors before proceeding.
Affix DSC
The authorized signatory must digitally sign the form using a valid, registered DSC. The practicing professional (CA/CS/CWA) must also sign where required.
Pay Fees
Make payment through credit/debit card or net banking (offline payment through challan is no longer available on V3). Save the SRN (Service Request Number) for tracking.
Submit and Track
Submit the form. Note the SRN number. Track the status through MCA Services > Track SRN. The ROC may raise queries or approve/reject the form.
Board Resolution Draft
The following is a sample Board Resolution that may be adapted for use in connection with Form INC-20A. This draft is illustrative only and must be customized to the specific facts and circumstances of each case.
BOARD RESOLUTION FOR FILING FORM INC-20A
RESOLVED THAT pursuant to Section 10A of the Companies Act, 2013 read with Rule 23A of the Companies (Incorporation) Rules, 2014, the Board of Directors hereby confirms and declares that:
(a) every subscriber to the Memorandum of Association has paid the value of the shares agreed to be taken by him/her on the date of making this declaration;
(b) the Company has filed a verification of its registered office address with the Registrar of Companies;
and accordingly, the Board authorizes Mr./Ms. [Name], Director (DIN: [DIN Number]), to file Form INC-20A with the Registrar of Companies, [Jurisdiction].
RESOLVED FURTHER THAT Mr./Ms. [Name] be and is hereby authorized to digitally sign Form INC-20A and to do all such acts, deeds, and things as may be necessary to give effect to this resolution.
Important Notice Regarding Drafts
The above draft resolution is provided solely for reference and educational purposes. It does not constitute legal advice. Companies must ensure that the resolution is tailored to their specific situation, complies with their Articles of Association, and is reviewed by a qualified Company Secretary or legal professional before adoption. The language, terms, and conditions should be modified as per the requirements of the company and the applicable provisions of law.Government Fees
| Authorized Capital / Turnover | Normal Fee | Additional Fee (per day delay) |
|---|---|---|
| Up to Rs. 1,00,000 | Rs. 200 | Rs. 100 |
| Rs. 1,00,001 to Rs. 5,00,000 | Rs. 300 | Rs. 100 |
| Rs. 5,00,001 to Rs. 25,00,000 | Rs. 400 | Rs. 100 |
| Rs. 25,00,001 to Rs. 1,00,00,000 | Rs. 500 | Rs. 100 |
| Above Rs. 1,00,00,000 | Rs. 600 | Rs. 100 |
Common Rejection Reasons and Fixes
The following are the most common reasons for rejection of Form INC-20A by the ROC, along with suggested remedies:
- Filed after 180 days: INC-20A must be filed within 180 days of incorporation; after that, the ROC may initiate striking off proceedings under Section 248
- Subscription money not deposited in company account: All subscription money must be deposited in the company bank account before filing
- Registered office not verified: Ensure INC-22 (registered office verification) is filed before or simultaneously with INC-20A
Resubmission Window
If the ROC raises a query or marks the form for resubmission, the company typically gets 15 days (in some cases 30 days) to respond. If the resubmission deadline is missed, the form lapses and must be filed afresh with fresh fees and additional fees for the entire delay period. Always respond to ROC queries promptly.Penalties for Non-Filing or Late Filing
| Default | Company Penalty | Officer Penalty |
|---|---|---|
| Late filing (within 270 days) | Rs. 100/day additional fee (no cap) | May face proportionate penalty |
| Non-filing (beyond 270 days) | NCLT condonation required (Rs. 5,000-50,000 legal cost) | Director disqualification risk under Section 164(2) |
| False declaration in form | Rs. 1 lakh to Rs. 10 lakh | Imprisonment up to 6 months under Section 448-449 |
TaxClue Expert Assistance
Filing MCA forms correctly the first time saves significant time and money. our experienced team of Chartered Accountants and Company Secretaries handles all ROC filings with a 99% first-attempt approval rate. We prepare the Board Resolution, compile attachments, fill the form, and handle any ROC queries. or visit taxclue.in for assistance.Disclaimer
This article is for general informational and educational purposes only. It does not constitute legal, financial, or professional advice. While every effort has been made to ensure accuracy based on the Companies Act, 2013 and Rules thereunder as amended up to March 2026, laws and regulations are subject to change. Readers are advised to consult a qualified Chartered Accountant, Company Secretary, or legal professional before acting on any information contained herein. TaxClue Consultech Pvt Ltd, its directors, employees, and associates accept no liability or responsibility for any loss, damage, or consequence arising from the use of or reliance on the information provided in this article. The sample drafts, resolutions, and templates provided are illustrative in nature and must be customized to the specific facts and circumstances of each case before use. Use of any draft or template from this article is entirely at the reader's own risk and discretion.