Company registration fees restructured under substituted Schedule X, introducing tiered capital-based charges and an overall cap. Substitution of Schedule X prescribes a fee schedule distinguishing companies with share capital and companies without share capital. For share-capital companies a base registration fee is supplemented by tiered additional fees tied to successive bands of nominal capital and an overall cap on additional fees; filing a notice of capital increase requires payment equal to the difference between fees on the increased capital and fees previously paid. For non-share-capital companies registration fees are scaled by number of members with incremental charges beyond an initial threshold and a maximum aggregate fee; filing and recording fees and parity for existing companies are also specified.
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.
Company registration fees restructured under substituted Schedule X, introducing tiered capital-based charges and an overall cap.
Substitution of Schedule X prescribes a fee schedule distinguishing companies with share capital and companies without share capital. For share-capital companies a base registration fee is supplemented by tiered additional fees tied to successive bands of nominal capital and an overall cap on additional fees; filing a notice of capital increase requires payment equal to the difference between fees on the increased capital and fees previously paid. For non-share-capital companies registration fees are scaled by number of members with incremental charges beyond an initial threshold and a maximum aggregate fee; filing and recording fees and parity for existing companies are also specified.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.