Be ready for late fees #mca

MCA 427 views 5 replies

The Companies (Registration Offices and Fees) Second Amendment Rules 2018 has been notified on 7th May 2018. Accordingly, in case the due
date of filings under Section 92 (Annual Return) or 137 (Annual Financial Statement) of the Companies Act, 2013 expires after 30/06/2018, the additional fee  @ Rs.100 per day shall become payable in respect of 
MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS.
In all other cases where the belated annual returns or balance sheet/financial statement which were due to be filed whether under the Companies Act,1956 (23AC,23ACA,23AC XBRL,23ACA XBRL,20B,21A) or the Companies Act, 2013 (MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS)additional fee as per the applicable slab for the period of delay up to 30th June 2018 plus  @ Rs.100 per day w.e.f 1st July 2018 shall become payable. Stakeholders are advised to take note and plan accordingly.

Replies (5)

Thanks Dear. For Update......... Keep it Up...... Compliance pe compliance........

Originally posted by : Dhirajlal Rambhia
Thanks Dear. For Update......... Keep it Up...... Compliance pe compliance........

Welcome sir

Complinace pe compliance along with huge amount of penalty collection , like vasuli 

Yes........... Can't breath freely.........

crying

Professional needs to be proactive. Why to indulge into late filing further it may be a good sign, Companies will be more cautions in delaying the filing and as professionals we will be more proactive and even a day or 2 day delay will save the cost of additional fee.

Even professional started to take it as a plea for restoration of the Companies.


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