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December 2010

Additional fees payable as per S. 611(2).

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Tarun Ghia, Brijesh Cholera, Pratik Mehta, Sejal Vasa
Reading Time 2 mins
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Spotlight

Spotlight




Pinky Shah,
Sonalee Godbole, Gaurang Gandhi, Tarun Ghia, Brijesh Cholera, Pratik Mehta


Sejal Vasa

Chartered Accountants

Company Secretary

Part D :
company law

Changes relating to Company Law for the period 15th October,
2010 to 15th November, 2010.

Additional fees payable as per S. 611(2).

The Ministry of Corporate Affairs has decided to revise the
additional fees payable as per S. 611(2) of the Companies Act, 1956 (except Form
5) as per details in the Table 1 with effect from 5-12-2010 :

Table 1

Period of delay

Fixed rate of additional fee

Up to 30 days

Two times of normal filing fee

More than 30 days and up to 60 days

Four times of normal
filing fee

More than 60 days and up to 90 days

Six times of normal
filing fee

More than 90 days

Nine times of normal filing fee

In order to avoid payment of additional fees, please file
within stipulated time.

A comparative between old rates and new rates of additional
fees is given below in

Table 2

Period of delay

Old rate of additional fees

New rate of additional fees

Up to 30 days

One time of normal filing fee

Two times of normal filing fee

More than 30 days and up to 60 days

Two times of normal filing fee

Four times of normal filing fee

More than 60 days and up to 90 days

Two times of normal filing fee

Six times of normal filing fee

More than 90 days

Four times of normal filing fee

Nine times of normal filing fee

3 months —
6 months

Four times of normal filing fee

Nine times of normal filing fee

6 months — 1 year

Six times of normal filing fee

Nine times of normal filing fee

1 year — 2 years