Enhanced filing fees for delayed corporate applications increase progressively with length of delay, up to multiple times the normal fee. An amendment to the Companies (Fees on Applications) Rules, 1999 inserts sub-rule (4) and Table-IV imposing a graduated surcharge for delayed filings of applications with the Central Government under the Companies Act provision on corporate applications. The rule requires payment of an enhanced fee calculated as a multiple of the normal fee specified in the rules, with multipliers increasing in stages according to the length of the delay and payable at the time of filing the delayed application.
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Enhanced filing fees for delayed corporate applications increase progressively with length of delay, up to multiple times the normal fee.
An amendment to the Companies (Fees on Applications) Rules, 1999 inserts sub-rule (4) and Table-IV imposing a graduated surcharge for delayed filings of applications with the Central Government under the Companies Act provision on corporate applications. The rule requires payment of an enhanced fee calculated as a multiple of the normal fee specified in the rules, with multipliers increasing in stages according to the length of the delay and payable at the time of filing the delayed application.
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