What is Form 20B?

What is Form 20B?

Wholesale License for sale or distribution of drugs under Drugs and Cosmetics Rules in Form 20B & 21B or its renewal in Form 21C is issued to the manufacturer (subsidiary office/representative of the parent company) or any other who want to sell, stock, exhibit or offer for sale or distribute drugs, by the State …

What is 20B company?

[Refer section 159 of the Companies Act, 1956] Form for filing annual return by a company. having a share capital with the Registrar. Note – All fields marked in are to be mandatorily filled.

How do I file a business annual return?

Annual e-Filing Guidelines

1. Balance-Sheet: Form 23AC to be filed by all Companies*
2. Profit & Loss Account: Form 23ACA to be filed by all Companies.
3. Annual Return:Form 20B to be filed by Companies having share capital.
4. Annual Return: Form 21A to be filed by companies without share capital.

What is Form 23AC?

Form for filing balance sheet and other documents. with the Registrar.

What is wholesale drug Licence?

A Wholesale Drug License can be made under personal supervision of the registered pharmacist / competent person. In some states, a Wholesale Drug License is issued only to a company/entity who has a person(s) with a degree or diploma in pharmacy from a recognized institute/university.

What is Mgt 14 of companies Act 2013?

Form MGT 14 was introduced in the Companies Act of 2013 with the objective of filing certain resolutions with the Registrar of Companies. Such resolutions must be filed after the passing of the same at the meeting held by the Board/Shareholders/Creditors of the company.

Is ROC filing mandatory?

It is mandatory to file the ROC forms, returns and documents with the Registrar of Companies (ROC). It will help the Registrar of Companies and Government will understand how to company is working during the financial year in accordance with the Companies Act, 2013.

What happens if annual return not filed?

The penalty for not filing a companies annual return (Form MGT-7 and Form AOC-4) is set to be increased to Rs. 200 per day. Thus, for a company that files its annual return 9 months after its due date, the penalty would be Rs. 54,000 compared to a penalty of Rs.

What is e filing in company law?

E-filing is the electronic submission of information that is required by law. It is up to the regulating agency to decide the criteria for what types of information must be filed electronically and what types of information can be submitted in hard copy form.

What is ROC filing fee?

What is ROC Return Filing fees and charges? Company having Authorized Capital of Rs. 1 lac is Rs. 300 for each Form AOC-4 and MGT-7 and Company having Authorized Capital of Rs 5 Lac or more is Rs.