Companies (Fees on Applications) Rules, 1999 – Amendment in Notification No. GSR 501(E), dated 6-7-1999
NOTIFICATION no. G.S.R. 617(E), dated 7-8-2012
In exercise of the powers conferred by sub-section (1) of section 642, read with sub-section (2) of section 637A of the Companies Act, 1956 (1 of 1956), the Central Government hereby amends the notification of the Government of India in the erstwhile Ministry of Law, Justice and Company Affairs (Department of Company Affairs) number G.S.R. 501(E), dated the 6th July, 1999 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 6th July, 1999, namely:-
2. In the said notification, after sub-rule (3), and Table-III, the following sub-rule (4) and Table-IV shall be inserted, namely:-
“(4) In case of delays in filing applications with the Central Government under sub-section (2) of section 233B of the said Act, the fee as specified in the Table-IV below shall be applicable:
TABLE – IV
| Period of Delay | Fee Payable with the Application | |
| Upto 30 days | Two times of normal fee | |
| More than 30 days and upto 60 days | Four times of normal fee | |
| More than 60 days and upto 90 days | Six times of normal fee | |
| More than 90 days | Nine times of normal fee |
Note: Normal fee means the fee as given in the Table-I above.”
——————————————————————————
COMPANIES ACT
Rules/Regulations
Companies (Fees on Applications) Rules, 1999
NOTIFICATION NO. GSR 501(E), DATED 6-7-1999, ISSUED BY THE DEPARTMENT OF COMPANY AFFAIRS, MINISTRY OF LAW, JUSTICE AND COMPANY AFFAIRS
In exercise of the powers conferred by sub-section (1) of Section 642, read with sub-section (2) of section 637A, of the Companies Act, 1956 (1 of 1956), and in supersession of the Companies (Fees on Applications) Rules, 1968, the Central Government hereby makes the following Rules, namely:
Short title
1.(1) These Rules may be called the Companies (Fees on Applications) Rules, 1999.
(2) They shall come into force on the date of their publication in the Official Gazette.
Fees
2. (1) Every application made to the Central Government in respect of a company proposed to be registered pursuant to a licence under section 25 of the Companies Act, 1956, or by a company, (including a foreign company as defined in section 591 of the said Act), under any provision [other than sub-section (1-D) of section 108 or clause (b) of sub-section (7) of section 555] of the said Act, shall be accompanied by the fee specified in the Table below, namely :—
TABLE I
| For Applications made |
Amount of fees to be paid |
| (i) By a company having an authorised share capital of:— | |
| (a) Less than Rs. 25,00,000 |
500 |
| (b) Rs. 25,00,000 or more but less than Rs. 5 crore |
1,000 |
| (c) Rs. 5 crore or more |
2,000 |
| (ii) By a company limited by guarantee but not having a share capital. |
500 |
| (iii) By an Association or proposed company for issue of licence u/s 25 of the Act |
500 |
| (iv) By a company having a valid licence issued u/s 25 of the Act. |
500 |
| (v) By a foreign company |
1,000 |
(2) Every application made to the Central Government under sub-section (1-D) of section 108 of the said Act shall be accompanied by the fee specified in the Table below, namely :—
TABLE II
| Where the face value of the shares involved in a transfer |
Amount of fees to be paid |
| (a) Does not exceed Rs. 5,000 |
50 |
| (b) Exceeds Rs. 5,000 |
100 |
(3) Every application made to the Central Government under clause (b) of sub-section (7) of section 555 of the said Act shall be accompanied by the appropriate fee specified in the Table below:—
TABLE III
| Application for payment from the Companies’ Liquidation Account |
Amount of fees to be paid |
| (a) When the amount of claim does not exceed Rs. 5,000 |
NIL |
| (b) When the amount of claim exceeds Rs. 5,000 but does not exceed Rs. 10,000 |
200 |
| (c) When the amount of claim exceed Rs. 10,000 |
300 |
very good presentation in very lucid way