<h1>Amendments to Companies Act, 2013 propose higher fees for late filings, zero fees for timely compliance.</h1> Proposed amendments to the Companies Act, 2013 focus on clarifying filing requirements and fees. Currently, companies can file overdue documents within 270 days by paying additional fees without facing prosecution. This applies to six specific sections. For delays beyond 270 days or other sections, companies must seek condonation of delay under Section 460(b) to avoid penalties. The Committee recommends increasing additional fees up to tenfold to deter non-compliance and suggests zero fees for timely filings. Clarifications are also proposed to ensure that condonation of delay is not a prerequisite for filing documents.