Registrars have been advised that while levying additional fee for belated documents filed in the case of small companies, a lenient view may be taken

Registrars have been advised that while levying additional fee for belated documents filed in the case of small companies, a lenient view may be taken https://www.taxtmi.com/circulars?id=11003 Registrars should adopt a lenient approach under the Companies Act provision on additional fees for belated filings, especially for small companies. Where paid-up capital is below the small-company threshold and delay is short, finances are poor, or the company is not carrying on business, documents should be accepted and delay condoned without levying additional fee or issuing formal notice. For larger companies requiring a qualified company secretary, a selective approach to fee levy is advised. en-us Tue, 09 Feb 1988 00:00:00 +0530 Mon, 20 Jun 2011 12:15:00 +0530 TaxTMI RSS Generator Registrars have been advised that while levying additional fee for belated documents filed in the case of small companies, a lenient view may be taken https://www.taxtmi.com/circulars?id=11003 Registrars should adopt a lenient approach under the Companies Act provision on additional fees for belated filings, especially for small companies. Where paid-up capital is below the small-company threshold and delay is short, finances are poor, or the company is not carrying on business, documents should be accepted and delay condoned without levying additional fee or issuing formal notice. For larger companies requiring a qualified company secretary, a selective approach to fee levy is advised. Circulars Companies Law Tue, 09 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11003