MCA imposes penalty of Rs. 5,000 on directors if they fail to file their e-KYC on or before due date
The Ministry of Corporate Affairs (MCA) has amended the Companies (Registration Offices and Fees) Rules, 2014 wherein Rs. 5000 penalty has been specified for those directors who fail to file their KYC with the MCA within prescribed time.
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, SubSection
(i)]
Government of India
MINISTRY OF CORPORATE AFFAIRS
Notification
New Delhi, dated 05.07.2018
G.S.R. (E).-In exercise of the powers conferred by sections 396,398,399, 403 and 404 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Registration Offices and Fees) Rules, 2014, namely:-
1. (1) These rules may be called the Companies (Registration Offices and Fees) Third Amendment Rules, 2018.
(2) Save as otherwise provided in these rules, they shall come into force with effect
from 10.07.2018.
2. In the Companies (Registration Offices and Fees) Rules, 2014, in the Annexure, after item VI relating to Fees for Removal of Names of Companies from the Registrar of Companies under section 248 (2) of the Act, in the Annexure, the following item shall inserted, namely:-
“VII. FEE FOR FILING e- Form DIR-3 KYC under rule 12A of the Companies (Appointment and Qualification of Directors) Rules, 2014.
| i) Fee payable till the 30th April of every financial year in respect of e-form DIR-3 KYC as at the 31st March of immediate previous year. | —- |
| ii) Fee payable (in delayed case). | Rs.5000 |
Note: For the current financial (2018-2019), no fee shall be chargeable till , the 31 st August, 2018 and fee of Rs.5000 shall be payable on or after the 1st September, 2018″
[F. No. 01/16/2013 CL-V (Pt-I)]
K.V.R. MURTY, Joint Secretary.
Note: The principal rules were published in the Gazette of India, Part II, Extra ordinary, Section 3, Sub-section (i) vide number G.S.R. 268(E), dated the 31st March, 2014 and subsequently amended by:-
Serial Notification Number Notification Date
Number
1. G.S.R. 297(E) 28-04-2014
2. G.S.R. 122(E) 24-02-2015
3. G.S.R. 438 (E) 29-05-2015
4. G.S.R. 493(E) 06-05-2016
5. G.S.R. 48(E) 20-01-2018
6 G.S.R. 435(E) 07-05-2018
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