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    <title>COMPANY LAW SETTLEMENT SCHEME, 2010</title>
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    <description>The Company Law Settlement Scheme, 2010 permits defaulting companies to file belated statutory documents by paying statutory fees plus an additional fee of 25% of the actual additional fee, subject to exclusions where prior approval is required or Registrar action has commenced. Companies below revised paid up capital thresholds must first rectify capital shortfalls. The Registrar of Companies is the designated authority to accept electronic filings, grant immunity certificates, withdraw pending prosecutions related to scheme filings, and take enforcement action after the scheme closes. Applicants must withdraw related appeals before seeking immunity and may apply for immunity within a limited post closure period.</description>
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    <pubDate>Thu, 24 Jun 2010 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/article/detailed?id=841</link>
      <description>The Company Law Settlement Scheme, 2010 permits defaulting companies to file belated statutory documents by paying statutory fees plus an additional fee of 25% of the actual additional fee, subject to exclusions where prior approval is required or Registrar action has commenced. Companies below revised paid up capital thresholds must first rectify capital shortfalls. The Registrar of Companies is the designated authority to accept electronic filings, grant immunity certificates, withdraw pending prosecutions related to scheme filings, and take enforcement action after the scheme closes. Applicants must withdraw related appeals before seeking immunity and may apply for immunity within a limited post closure period.</description>
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