INC-20A for section 8 company

Whether Section 8 company-company limited by guarantee (not having share capital) is required to file INC-20A ?
Replies (4)
Quick Summary
This discussion clarifies whether a Section 8 company, specifically one limited by guarantee and not having share capital, is required to file the INC-20A form. While some interpretations suggest it's not applicable, the presence of a fee column for such companies in the help file raises questions. The core of the clarification lies in the wording of section 10A, which explicitly mentions 'having share capital' as a condition for commencement of business requirements.

not required if limited by guarantee not having share capital

Thank you so much.

Can you tell me the source of this information?
because in help file I there is a fees column for companies not having a share capital

as per 10A.

Commencement of business (1) A company incorporated after the commencement of the Companies (Amendment) Ordinance, 2[2019] and having a share capital shall not commence any business or exercise any borrowing powers unless—

 

in the section they have mentioned "having share capital".

Okkay ..
Thank You

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