INC-20A Penalty Calculator
Filed INC-20A late? Estimate your total exposure — flat company penalty, per-officer daily penalty and the ROC additional filing fee — live, in one screen.
Penalty breakdown
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Disclaimer: Indicative estimate under Section 10A of the Companies Act 2013. Actual penalty is determined by the Registrar/adjudicating officer and additional filing fees are on the nominal filing fee (₹300 assumed). Verify current MCA fee tables before filing.
INC-20A — commencement of business default
Every company incorporated on or after 2 November 2018 with share capital must file Form INC-20A (declaration for commencement of business) within 180 days of incorporation, confirming that every subscriber has paid the value of shares agreed to be taken. Miss the deadline and Section 10A triggers a flat company penalty, a daily per-officer penalty, and the ROC's additional (late) filing fee.
How the penalty is built up
Total exposure has three parts — a flat company penalty, a per-officer daily penalty, and the ROC additional filing fee that scales with how late you are.
| Company (flat) | ₹50,000 |
| Each officer in default | ₹1,000 / day |
| Per-officer cap | ₹1,00,000 |
| Up to 30 days late | 2× |
| 31 – 60 days | 4× |
| 61 – 90 days | 6× |
| 91 – 180 days | 10× |
| More than 180 days | 12× |
Worked example
A company files INC-20A 60 days after the 180-day deadline, with 2 officers in default:
Key terms explained
Section 10A
The provision of the Companies Act 2013 that bars a company from starting business or borrowing until it files the commencement declaration, and sets the penalty for default — ₹50,000 on the company and ₹1,000/day on each officer in default.
180-day deadline
INC-20A must be filed within 180 days of the date of incorporation. The declaration confirms subscribers have paid for their shares. The penalty and additional fee are measured from the day this deadline is missed.
Officer in default
Directors and key personnel responsible for the compliance. Each such officer faces ₹1,000 per day of continuing default, capped at ₹1,00,000 per officer — so a long delay does not grow the officer penalty without limit.
Strike-off risk
Beyond money, if the declaration is not filed the Registrar has reasonable cause to believe the company is not carrying on business and may remove its name from the register under Section 248 — effectively dissolving it.
What is Form INC-20A?
The declaration for commencement of business, filed by a company having share capital and incorporated on or after 2 November 2018. It confirms that every subscriber has paid the value of the shares agreed to be taken, and it must be verified by a practising professional.
What is the deadline for INC-20A?
Within 180 days of incorporation. The subscription money must actually be received in the company's bank account and the bank statement is filed as proof.
What is the penalty for not filing INC-20A?
A penalty of ₹50,000 on the company, and ₹1,000 per day on every officer in default up to a maximum of ₹1,00,000. The additional filing fee for the delay applies on top.
What else happens if INC-20A is not filed?
The company cannot commence business or exercise any borrowing power, and the Registrar may initiate action to strike the company off the register under section 248(1).
Can INC-20A be filed after 180 days?
Yes, with the additional fee and exposure to the penalty. It is still far better to file late than to leave it, because striking-off proceedings and the daily officer penalty continue until it is filed.
Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.