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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Lenient Fee Policy for Late Document Submissions by Small Companies Under Companies Act 1956: Focus on Financially Struggling Firms.</h1> Registrars are advised to adopt a lenient approach when imposing additional fees for late document submissions by small companies under the Companies Act, 1956. Special consideration is given to companies with a paid-up capital of less than Rs. 25 lakhs, particularly if they face financial difficulties or are not operational. For delays up to three months, documents may be accepted without additional fees, and delays can be condoned without formal notices. This approach aims to reduce unnecessary correspondence and expedite document registration, while companies with higher capital may require a more selective approach.
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