CIN Mandatory

Shyam Jain (SENIOR EXECUTIVE (ACCOUNTS & FINANCE))   (226 Points)

14 February 2022  
Section 12(3) of the Companies Act,2013
As Per the Newly notified section 12(3) of the Companies Act,2013, with effect
from 01.04.2014, every company shall paint or affix its name and address of its
registered office in legible letters , outside every office or place of business of the
Company.
Further, every company shall get under-mentioned particulars printed on all its
Business Letters, Bill heads , Letter Papers, Notices, official Publications etc , with
effect from 01.04.2014 :-
a) Name of the Company
b) Address of the Registered Office of the company
c) Corporate Identity Number (CIN) of the Company
d) Telephone Number of the Company
e) Fax Number of the Company
f) E-mail ID of the company
g) Website Address of the Company
Section 12 (8) of the Companies Act,2013 had provided for Penalty of Rs.1,000/-
Per day (for the period during which Default Continues), subject to Maximum of
Rs.1,00,000/-, on the Company and every officer, who is in default, for failure in
complying with provision of section 12 of the Companies Act,2013
If any default is made in complying with the requirements of this section, the
company and every officer who is in default shall be liable to a penalty of one
thousand rupees for every day during which the default continues but not
exceeding one lakh rupees.
The Extract of Section 12(3) and 12(8) of the Companies Act is re-produced as :
Section 12(3)
Every company shall—
(a) paint or affix its name, and the address of its registered office, and keep the
same painted or affixed, on the outside of every office or place in which its
business is carried on, in a conspicuous position, in legible letters, and if the
characters employed there for are not those of the language or of one of the
languages in general use in that locality, also in the characters of that language or
of one of those languages;
(b) have its name engraved in legible characters on its seal;
(c) get its name, address of its registered office and the Corporate Identity Number
along with telephone number, fax number, if any, e-mail and website addresses, if
any, printed in all its business letters, billheads, letter papers and in all its notices
and other official publications; and
(d) have its name printed on hundies, promissory notes, bills of exchange andsuch
other documents as may be prescribed:
Section 12(8)
If any default is made in complying with the requirements of this section, the
company and every officer who is in default shall be liable to a penalty of one
thousand rupees for every day during which the default continues but not
exceeding one lakh rupees.