Thursday, August 14, 2014

Company Law Settlement Scheme 2014 (CLSS 2014)

Companies who have not filed their annual reports, financial statements and related documents due for filing on or before 30/06/2014 can file these documents before 15/10/2014 and avail of the following:

  • Pay only 25% of Payable additional Fee and
  • Immunity from Prosecutions
  • Directors will also not be disqualified u/s 164 (2) of the Companies Act 2013

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