CA NeWs Beta*: Ready to pay penalty if not mentioning Company Identification Number (CIN)

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Sunday, April 6, 2014

Ready to pay penalty if not mentioning Company Identification Number (CIN)

For every Private and Public Limited company established in India, has to quote its Company Identification Number of various documents including Invoices and Letter head from April 1 2014 (Section 12(3)(c) of New Companies Act, 2013)

Applicable to whom?

Every Private and Public Limited Company registered in India

How to find Company Identification Number (CIN)?

Company Identification Number is mentioned in the Certificate of Incorporation in Memorandum of Association. You can search Ministry of Company Affairs website. You can search CIN by entering your
company name in this link.

Where CIN has to be mentioned?

It is compulsory to mentioned Company Identification Number on the following documents:
  • On Invoices and Receipts
  • On Letterheads
  • On Notice
  • Any other publications

Penalty for violating this rule

In case of any non compliance of the said section, the company and the officers which are in default shall be liable to a penalty of Rs. 1000 for every day during which the default continues but not exceeding Rs. 1,00,000/-.

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