Duty D12-05P, published by Ministry of Corporate Affairs, Ministry of Corporate Affairs [D12-05P]
As at 6 September 2026. In force from 21 March 2016.
Addressee: Every company.
Required: Obtain a licence before undertaking the carrying on of business by a company; apply in Form MGT-7, fee two hundred rupees.
Period: Before the activity begins; licence valid three years.
Form: Form MGT-7.
Source: Section 6, Insolvency and Bankruptcy Code, 2016 [S27-GP9].
Penalty provision: Section 8, Insolvency and Bankruptcy Code, 2016 [S27-GRN].
Published by: Ministry of Corporate Affairs, Ministry of Corporate Affairs.
In force: from 21 March 2016.