THE COMPANIES (FEES ON APPLICATIONS) RULES, 1999 - G.S.R. 501(E). - Companies Law

MINISTRY OF LAW, JUSTICE AND COMPANY AFFAIRS (Department of Company Affairs) NOTIFICATION New Delhi, 6 th July, 1999. Subject:- THE COMPANIES (FEES ON APPLICATIONS) RULES, 1999 G.S.R. 501(E).- 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 (Rs.) ( i ) By a company having an uthorized 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 (Rs.) ( 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 (Rs.) ( 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 1 [ (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. ] [F. No. 1/17/97-CL.V] R.D. JOSHI Jt. Secy. Note:- The Companies (Fees on Application) Rules, 1968 were issued vide Notification No: GSR 1485 dated 5-8-1968 and subsequently amended vide: (1) GSR 259(E) dated 24-4-1972 (2) GSR 783(E) dated 13-7-1988 (3) GSR 126(E) dated 25-2-1992 --------------------------- Notes:- 1. Inserted vide NOTIFICATION NO. G.S.R. 617(E), Dated 7-8-2012