Failure to file annual return attracts a fixed penalty and daily fines for continuing default, subject to an overall cap. Amendment replaces the annual return filing provision with a penalty regime: a fixed penalty for failure to file and, for continuing non compliance, a ... Summary
Failure to file annual return attracts a fixed penalty and daily fines for continuing default, subject to an overall cap.
Amendment replaces the annual return filing provision with a penalty regime: a fixed penalty for failure to file and, for continuing non compliance, a daily fine for each day of failure up to a statutory maximum, applying to the company and every officer in default.
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