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It is mandatory to follow the compliances and if we fail to do the compliance then the penalty is levied for the same.
The enforcement is the crucial part of the E-Way Bill because it aids in identifying the defaulters and also penalize them consistently with the govt norms.
If OPC fails to appoint an auditor within 30 days then the shareholders may appoint the first auditor of the Company within 90 days from the date of incorporation of the company.
LLP has to appoint an auditor for the purpose of audit of its accounts for every financial year.
Thinking of your business expansion? But worried about the legalities behind. You have to infuse more funds to increase your authorised capital. To know more look through the expert column.
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