Declaration for commencement of business and borrowing powers requires specified company particulars, attachments, and director's digital signature. Form INC 21 is the statutory electronic declaration required before commencement of business or exercise of borrowing powers, requiring company identity and office details, disclosure of sectoral regulator oversight, particulars of paid up capital and stamp duty, mandatory attachments (specimen signature and regulator certificate where applicable), digital signature by an authorised director with DIN and board authorisation, verification of registered office per section 12(2), and a declaration of compliance with the Companies Act and penalties for false statements.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Declaration for commencement of business and borrowing powers requires specified company particulars, attachments, and director's digital signature.
Form INC 21 is the statutory electronic declaration required before commencement of business or exercise of borrowing powers, requiring company identity and office details, disclosure of sectoral regulator oversight, particulars of paid up capital and stamp duty, mandatory attachments (specimen signature and regulator certificate where applicable), digital signature by an authorised director with DIN and board authorisation, verification of registered office per section 12(2), and a declaration of compliance with the Companies Act and penalties for false statements.
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