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Here is what you need to know about the new avatar of Aadhaar meant for companies

Updated : March 04, 2019 10:30 AM IST

The ministry of corporate affairs amended the Companies (Incorporation) Amendment Rules which now prescribes that all companies registered prior to December 31, 2017, should submit a form called e-ACTIVE- ‘Active Company Tagging Identities and Verification’
Failure to submit the form in time (April 25) will attract a penalty of Rs 10,000/- and the status of the company after April 26, 2019, will be ‘ACTIVE non-compliant’
Here is what you need to know about the new avatar of Aadhaar meant for companies

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