Immunity from prosecution for defaulting companies filing belated documents under a settlement scheme subject to prescribed additional fee and conditions. The Scheme permits defaulting companies to file belated documents with the Registrar and obtain immunity from prosecution on payment of statutory filing fees plus an additional fee equal to twenty five percent of the standard additional fee; companies must first raise paid up capital to statutory thresholds where applicable, withdraw appeals against prosecutions before applying, and submit an electronic application for an immunity certificate after Scheme closure but within six months; certain filings and companies subject to prior enforcement action are excluded.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Immunity from prosecution for defaulting companies filing belated documents under a settlement scheme subject to prescribed additional fee and conditions.
The Scheme permits defaulting companies to file belated documents with the Registrar and obtain immunity from prosecution on payment of statutory filing fees plus an additional fee equal to twenty five percent of the standard additional fee; companies must first raise paid up capital to statutory thresholds where applicable, withdraw appeals against prosecutions before applying, and submit an electronic application for an immunity certificate after Scheme closure but within six months; certain filings and companies subject to prior enforcement action are excluded.
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