MCA introduces Company Law Settlement Scheme, 2011 for default in filing of Annual Return, Balance Sheet, P/L a/c, & Compliance Certificate

MCA vide its Circular No. 59/2011 dt. 05.08.2011 has announced introduction of Company Law Settlement Scheme, 2011 under which Companies who have not done annual filings can do so belatedly with only 25% of Addl. Fees. This Scheme shall be in force from 12.08.2011 to 31.10.2011.

The relevant Circular can be accessed from the following link.

http://www.mca.gov.in/Ministry/pdf/Circular_59-2011_05aug2011.pdf