Instruction Contained in Circular of 1995 Modified to Achieve Filing of Documents by Companies with Less Delay

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....nstruction Contained in Circular of 1995 Modified to Achieve Filing of Documents by Companies with Less Delay <br>Corp. Laws, SEBI & IBC<br>Dated:- 22-11-2010<br><BR>The Ministry of Corporate Affairs has modified the instruction contained in circular No.14/3/87-CL-V Vol. III dated 21.3.1995 to permit the period for filing of documents with less delay. This has been done in the light of the fact th....

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....at implementation of MCA-21 e-governance programme and mandating of e-filing has facilitated companies to file the documents on 24x7 basis. To improve the filings, standardization of payment of additional fee has been rationalized further.&nbsp; Section 611(2) of the Companies Act, 1956 permits filing of documents with delay, without prejudice to any other liability, on payment of additional fee ....

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....not exceeding ten times of the statutory fees for filing documents.&nbsp; For details of the above mentioned modifications, General circular no. 4/2010 dated 22.11.2010, available on the website of the Ministry of Corporate Affairs i.e. www.mca.gov.in may be referred to.&nbsp; The Ministry has advised the Companies/Professionals to file the documents without delay and avoid more additional fee. ....

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.... Click here to download the circular ============= Document 1 General Circular No: 4/2010 No. 2/7/2010-CL.V Government of India Ministry of Corporate Affairs 5th floor, 'A' Wing, Shastri Bhavan, Dr. Rajendra Prasad Road, New Delhi-110 001. Dated the 22nd November, 2010 To All Regional Directors All Registrars of Companies Subject:- Change in additional fee to be levied for delays in fi....

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....ling Forms In partial modification of the earlier Circular No. 14/3/87-CL-V Vol.III dated 21.3.1995, the following table shall be applicable for additional fee to be levied for delays in filing Forms other than Form 5:- Period of Delay Upto 30 days More than 30 days and upto 60 days More than 60 days and upto 90 days More than 90 days Fixed rate of additional fee Two times of normal fee ....

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.... Four times of normal fee Six times of normal filing fee Nine times of normal filing fees 2. The above table shall be applicable from 5-12-2010. (E.Selvaraj ) Director (Inspection & Investigation) Tel: 23384502<BR> News - Press release - PIB....