MCA notifies Additional fee of Rs.100 per day for delay in filing ROC Forms w.e.f 1st July 2018

MCA notifies Additional fee of Rs.100 per day for delay in filing ROC Forms w.e.f 1st July 2018

The Companies (Registration Offices and Fees) Second Amendment Rules 2018 has been notified on7th 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 after30/06/2018, the additional fee@Rs.100 per dayshall become payable in respect ofMGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS.

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.

Earlier also it has been proposed by MCA that , the Companies (Registration Offices and Fees) Rules 2014 will be amended to levy additional fee @Rs.100 per day for filings under Section 92 or 137 of the Companies Act 2013.