https://www.taxtmi.com/forms?id=1552 Form INC-5 requires a one person company to notify the registrar when its paid-up share capital exceeds fifty lakh rupees or its average annual turnover exceeds two crore rupees; upon exceeding either threshold the company ceases to be a one person company and must be converted into a private or public company. The filing must state the date and amount of the breach, be digitally signed by an authorised officer, and attach a board resolution, the latest attested financial statement, and, if applicable, a chartered accountant's certificate of average turnover, together with a declaration of compliance and acknowledgement of penalties for false statements. en-us Fri, 19 Apr 2019 16:53:00 +0530 Wed, 11 Feb 2026 15:58:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forms?id=1552 Form INC-5 requires a one person company to notify the registrar when its paid-up share capital exceeds fifty lakh rupees or its average annual turnover exceeds two crore rupees; upon exceeding either threshold the company ceases to be a one person company and must be converted into a private or public company. The filing must state the date and amount of the breach, be digitally signed by an authorised officer, and attach a board resolution, the latest attested financial statement, and, if applicable, a chartered accountant's certificate of average turnover, together with a declaration of compliance and acknowledgement of penalties for false statements. Forms Companies Law Fri, 19 Apr 2019 16:53:00 +0530 https://www.taxtmi.com/forms?id=1552