What is Penalty for not having a registered office?
Nexa Consultancy | Startup & Finance Glossary
Every company must have a registered office from the date of incorporation. The company and every officer in default can be fined ₹1,000 for every day the default continues, up to a maximum of ₹1 Lakh.
Startup Example: A startup incorporates but fails to file its registered office address with the ROC within 30 days. It starts incurring a daily penalty until the compliance is met.
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