Condonation of Delay Scheme 2018 lets defaulting companies file overdue annual returns and financial statements with specified fees. The Condonation of Delay Scheme, 2018 (effective 01.01.2018-31.03.2018) permits defaulting companies (not struck off) to file overdue annual returns and financial statements due up to 30.06.2017 by temporarily reactivating deactivated DINs for the scheme period, filing prescribed eForms with statutory and additional fees, and submitting e Form CODS (fee Rs.30,000) to seek condonation; directors remain subject to civil or criminal liabilities for conduct during disqualification and DINs of non compliant directors may be deactivated after the scheme concludes.
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Condonation of Delay Scheme 2018 lets defaulting companies file overdue annual returns and financial statements with specified fees.
The Condonation of Delay Scheme, 2018 (effective 01.01.2018-31.03.2018) permits defaulting companies (not struck off) to file overdue annual returns and financial statements due up to 30.06.2017 by temporarily reactivating deactivated DINs for the scheme period, filing prescribed eForms with statutory and additional fees, and submitting e Form CODS (fee Rs.30,000) to seek condonation; directors remain subject to civil or criminal liabilities for conduct during disqualification and DINs of non compliant directors may be deactivated after the scheme concludes.
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