The Registrar of Companies (ROC) has come up with two schemes for around 3,000 companies in the city that have failed to file their returns. Cases have been filed against 1,300 such companies.

The Pune ROC has over 21,000 companies registered under it The scheme Company Law Settlement Scheme, 2010, gives an opportunity to the defaulting companies to submit the required documents, get concession in the fine and become a regular compliant in future. On the other hand, the Easy Exit Scheme, 2010, gives an opportunity to the defunct companies to get their names struck off the register under Section 560 of the Companies Act, 1956.

“The Ministry of Corporate Affairs has noted that there are around 3.75 lakh companies in the country that are not filing the statutory returns with respective ROCs. In Pune, for the 3000 defaulting companies, the records in the electronic registry are not updated and thereby not available for the stake holders for inspection,” said Vishnu P Katkar, ROC, Pune.

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Category : Company Law (3348)
Type : News (12471)
Tags : Companies Act (1817)

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