Importance Of Section 12 Of The Companies Act, 2013
RUBBER STAMPWALA
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Every Company (whether PVT LTD/OPC/PUBLIC/SECTION 8/PRODUCER) registered in India is required to comply with Section 12 of the Companies Act, 2013.
As per Section 12 of the Companies Act, 2013:- A company must have a registered office within 30 days of incorporation and It is required to display a signboard at the registered office.
The signboard should clearly mention:
Name of the Company (in English and the local language).
Registered Office Address.
Contact Details.
Email Address.
Corporate Identity Number (CIN).
Non-adherence to these requirements can lead to a penalty.
Recently, the Ministry of Corporate Affairs (MCA) has issued adjudication orders penalizing companies for violating Section 12.