Friday, May 3, 2019

EXEMPLARY FINES FOR NON FILING OF CHARGES WITH MCA Revised Registration Fees for Creation / Modification of Charges



EXEMPLARY FINES FOR NON FILING OF CHARGES WITH MCA

Revised Registration Fees for Creation / Modification of Charges

Charge Created / Modified before 02-11-2018
Amount of Additional Fees shall be

> 2 times of Normal fees
For period of delay up to 30 days
> 4 times of Normal Fees
For period of delay for more than 30 days & up to 60 days
> 6 times of Normal Fees
For period of delay for more than 60 days & up to 90 days
> 10 times of Normal Fees
For period of delay for more than 90 days & up to 180 days
> 12 times of Normal Fees -
For period of delay for more than 180 days


CHARGE CREATED / MODIFIED ON OR AFTER 02-11-2018

Amount of Additional
Ad valorem Fees levied up to 31-July-2019
> 2 times of Normal Fees
For period of delay up to 30 days
> 4 times of Normal Fees -
For period of delay of more than 30 days & up to 60 days
> 6 times of Normal Fees -
For period of delay of more than 60 days & up to 90 days

Charge Created / Modified on or after 02-11-2018
Amount of Additional
Ad valorem Fees levied from 01-August-2019
for Small & OPC Companies
For Other than Small & OPC Companies
 For period of delay of up to 30 days -
3 times of Normal fees
 6 times of Normal Fees

For period of delay of more than 30 days and up to 90 days
3 times of Normal fees plus an ad valorem fees of 0.025% of the amount secured by charge, subject to maximum of INR 1 Lakh
6 times of Normal Fees plus an ad valorem fees of 0.05% of the amount secured by charge, subject to maximum of INR 5 Lakh for Other than Small & OPC Companies



R V Seckar practicing company secretary 07904719295,





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