Company Law – Structure of Additional Fees In Respect of Annual Filing of Private/ Public Limited Companies

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Vide General Circular No: 4/2010, Dated the 22nd November, 2010 , MCA had changed the structure of Additional Fees to be levied for delay in filing E Forms over the companies while filing their Balance Sheet and Annual Returns with concerned Registrarof Companies through MCA Portal. Such change of Additional Fee Structure encouraged the Corporate to file their returns as early as possible so that they can avoid the heavy additional fees. That has resulted in increase the percentage of filing within the due time. The structure of Additional Fees which had been applicable from 5-12-2010 is elaborated with an example as follows:

	Companies having Authorised Capital Rs. 1 Lakh to Rs. 4, 99, 999	Companies having Authorised Capital Rs. 5 lakh to Rs. 24, 99, 999	Companies having Authorised Capital Rs. 25 Lakh or more	Let the AGM date be Sep. 30. So, Due date for E- Form 23 AC, ACA and Form 66 is Oct. 30 and For E Form 20 B is Nov. 29
If filed in month of October (Oct. 30) E Form 66 E Form 23 AC,ACA E Form 20B	N.A. Rs. 200 Rs. 200	Rs. 300 Rs. 300 Rs. 300	Rs. 500 Rs. 500 Rs. 500	Normal Fees Normal Fees Normal Fees
If filed in month of November (Nov. 29) E Form 66 E Form 23 AC,ACA E Form 20B	N.A. 200+400=600 200	300+600=900 300+600=900 300	500+1000=1500 500+1000=1500 500	Normal+ Double the Normal Fees Normal Fees
If filed in month of December (Dec. 29) E Form 66 E Form 23 AC,ACA E Form 20B	N.A. 200+800=1000 200+400=600	300+1200=1500 300+1200=1500 300+600=900	500+2000=2500 500+2000=2500 500+1000=1500	Normal + Four times of Normal Normal+ Double the Normal Fees
If filed in month of January (Jan. 28) E Form 66 E Form 23 AC,ACA E Form 20B	N.A. 200+1200=1400 200+800=1000	300+1800=2100 300+1800=2100 300+1200=1500	500+3000=3500 500+3000=3500 500+2000=2500	Normal+ Six times of Normal Normal + Four times of Normal
If filed in month of February (Feb. 27) E Form 66 E Form 23 AC,ACA E Form 20B	N.A. 200+1600=1800 200+1200=1400	300+2400=2700 300+2400=2700 300+1800=2100	500+4000=4500 500+4000=4500 500+3000=3500	Normal+ Eight times of Normal Normal+ Six times of Normal
If filed in month of March (Mar. 28) E Form 66 E Form 23 AC,ACA E Form 20B	N.A. 200+1800=2000 200+1600=1800	300+2700=3000 300+2700=3000 300+2400=2700	500+4500=5000 500+4500=5000 500+4000=4500	Normal+ Nine Times of Normal Normal+ Eight times of Normal
If filed in month of April (Apr. 27) E Form 66 E Form 23 AC,ACA E Form 20B	N.A. 200+1800=2000 200+1800=2000	300+2700=3000 300+2700=3000 300+2700=3000	500+4500=5000 500+4500=5000 500+4500=5000	Normal+ Nine Times of Normal Normal+ Nine Times of Normal

Note: After the Month of April, The Additional Fees will remain the Nine times of the Normal Fees, no matter when ever the Filing is being Done.