The ministry of company affairs has come out with a Fee waiver scheme.This is a great opportunity for companies who have failed to file their annual returns with the Registrar of Companies to make their default good by filing belated documents.
Brief of the scheme
The Ministry has introduced the following Scheme with effect from30-5-2010: “Company Law Settlement Scheme, 2010” giving opportunity to the defaulting Companies to enable them to make their default good by filing belated documents and to become a regular compliant in future.
Features of the scheme
- Prevent companies from prosecution and legal actions.
- Waiver of penalties and additional filling fees upto 75%.
This would give substantial savings if you have failed to file earlier. This scheme is valid from 1st June 2010 till 31st August 2010.
If you havent filed your Annual Accounts for earlier years and the massive audit fees and penalty is stopping you from thinking about it, Please Give me a call at +919841225544, I will guide you through.