The Government in the Department
of Company Affairs (DCA) has issued a notification amending the
Companies (Central Government’s) General Rules and Forms, 1956
to include in Rule 20 , Rs. 5000 in place of Rs. 1000 with immediate
effect.
This forms part of the recent
enhancement of fees for foreign companies filing their annual
returns late or delayed which has been increased from Rs. 1000
to Rs. 5000 over and above the normal fees for annual filing of
various returns.
The notification has been issued
under clauses (a) and (b) of sub-section (1) of Section 642 of
the Companies Act, 1956.
The principal rules, first
published on February 18, 1956, have since been amended 82 times.
