Wednesday, November 17, 2010

MCA: Additonal Filing Fees on Delay in filing revised

 Below is the reproduced Notification issued by Ministry of Corporate Affairs, regarding the Revised Additional Filing Fees for Delay in Filing u/s 611(2) of the Companies Act, 1956.

It can be considered a very great step by the MCA, to put a nab on Companies not filing the same on time.



Additional Fees revised w.e.f 5th December 2010
 
Dear Corporates,
 
It has been decided to revise the additional fees payable as per Section 611(2) of the Companies Act, 1956 (except for Form 5) as per below details with effect from 5th December 2010 :-
 
Period of Delay
 
Fixed rate of additional fee
 
Upto 30 days
Two times of normal filing fee
More than 30 days and upto 60 days
Four times of normal filing fee
More than 60 days and upto 90 days
Six times of normal filing fee
More than 90 days
Nine times of normal filing fee
 
In order to avoid payment of additional fees, please file within stipulated time


Source : MCA

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