Company Law Settlement Scheme, 2014:
Salient features of the General Circular No. 34/2014 are:
- 75% off on Annual Return Late filing fees.
i.e., We need to pay = Actual filing fees + 25% of Late Filing Fees
- Scheme Period is Limited to 15th August 2014 to 15th October 2014.
- Grant of Immunity Certificate to the Directors of the Defaulting Company.
Should be filed by CLSS-2014 with 3 Months from the closure of the scheme period
- Scheme also applies for Declaration as Dormant Company / Closure of an Inactive Company
75% off on Filing Form MSC-1 or FTE