There is no information with the Government regarding companies registered in the offices of registrar of companies are incomplete, wrong and not updated.

However, several companies have not submitted their annual report/return, audited report, balance sheet and details of profit/loss. As per data generated from MCA 21 System, following are the details of companies who have not filed their Balance Sheets and Annual Returns:-

• Not filed only Annual Return for 2015 – 389503
• Not filed only Balance Sheet for 2015 – 386103
• Not filed Annual Return and Balance Sheet for 2015 – 374727

As per the provisions of the section 403 of the Companies Act, 2013 any document can be filed on payment of such additional fees for delay as prescribed within a period of 270 days from the date by which it should have been filed.

The Government had extended the last date upto 30.12.2015 for filing of Annual Returns. Further, for the State of Tamil Nadu and UT of Puducherry, the last date for filing Annual Returns was extended upto 30.01.2016.

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha.

Filing obligations: statutory late filing fees permit delayed submission of annual returns and balance sheets after extension. Companies registered with the registrar have failed to submit mandatory annual returns and balance sheets for 2015 as shown in the MCA21 system, categorized by failures to file returns only, balance sheets only, and both. The Government noted that delayed documents may be accepted on payment of additional fees for delay within the statutory extended filing period, and that the last filing date had been extended generally and further extended for a specific State and Union Territory; this information was provided by the Minister of Corporate Affairs in a parliamentary reply.