Monday, May 7, 2018

COMPANY LAW UPDATES Rs.100 PER DAY FINE SHALL BECOME PAYABLE IN RESPECT OF MGT-7, AOC-4, AOC-4 XBRL AND AOC-4 CFS IF FILED BEYOND DUE DATE.


COMPANY LAW UPDATES

Rs.100 PER DAY FINE  SHALL BECOME PAYABLE IN RESPECT OF MGT-7, AOC-4, AOC-4 XBRL AND AOC-4 CFS IF FILED BEYOND DUE DATE.

Incorporation of foreign subsidiary companies in India R V Seckar 09848915177 rvsekar2007@gmail.com


The Companies (Registration Offices and Fees) Second Amendment Rules 2018 has been notified on 7th May 2018. Accordingly, in case the due date of filings under Section 92 (Annual Return) or 137 (Annual Financial Statement) of the Companies Act, 2013 expires after 30/06/2018, the additional fee @Rs.100 per day shall become payable in respect of MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS.

Incorporation of foreign  joint ventures in India R V Seckar 09848915177 rvsekar2007@gmail.com


 FORMS PERTAINING TO COMPANIES ACT ,1956 WILL ATTRACT RS 100/= PER DAY AFTER 1ST JULY 2018.
In all other cases where the belated annual returns or balance sheet/financial statement which were due to be filed whether under the Companies Act,1956 (23AC,23ACA,23AC XBRL,23ACA XBRL,20B,21A) or the Companies Act, 2013 (MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS) additional fee as per the applicable slab for the period of delay up to 30th June 2018 plus @Rs.100 per day w.e.f 1st July 2018 shall become payable. Stakeholders are advised to take note and plan accordingly.

Incorporation of foreign  joint ventures in India R V Seckar 09848915177 rvsekar2007@gmail.com


1 comment:

  1. Its hardly request that will you explain why is there due date is 30/06/2018 instead of 30/09/2018.

    ReplyDelete