In the latest from the Ministry of Corporate
Affairs, 183 new Sections of the Companies Act 2013 have been notified to take
effect from April 1, 2014.
As per Section 12 of the Act notified from 1st
April, 2014, every company is mandatorily required to mention its
Corporate Identification Number (CIN) along with the name and address of
registered office on letterheads, invoices, notices and on all official
correspondence and publications. Additionally, contact details, email and
website address, if any, must be incorporated in such documents mentioned from
April 1, 2014.
In case of any failure to quote the CIN number,
penalty of Rs 1,000 per day shall be imposed on the defaulting company and on
every officer in default for every day during which the default continues.
However, maximum penalty imposable shall not exceed Rs 100,000.