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TMI BlogScheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013X X X X Extracts X X X X X X X X Extracts X X X X ..... Dated: 17th June, 2020 To All Regional Directors, All Registrar of Companies, All Stakeholders. Subject: Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013. Sir/Madam, The companies are required to file forms related to creation or modification of charges within the timelines provided in section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . 12/2020, dated 30.03.2020, the benefit of waiver of additional fees was not extended to the charge related documents. Therefore, it has been suggested that some dispensation may be provided for filing of charge related documents as well. 3. In view of the above, the Central Government in exercise of its powers under section 460 read with section 403 of the Act and the Companies (Regi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... expired under section 77 of the Act as on 01.03.2020, or (b) falls on any date between to 30.09.2020 (both dates inclusive). (iii) Relaxation of time: (a) In case a form is filed in respect of a situation covered under sub-para (ii)(a) above, the period beginning from 01.03.2020 and ending on 30.09.2020 shall not be reckoned for the purpose of counting the number of days under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... form is required to be filed under section 77 or section 78 of the Act . (iv) Applicable Fees: (a) In regard to sub-para (iii)(a) above, if the form is filed on or before 30.09.2020, the fees payable as on 29.02.2020 under the Fees Rules for the said form shall be charged. If the form is filed thereafter, the applicable fees shall be charged under the Fees Rules after adding the num ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 77 or section 78 of the Act prior to 01.03.2020. (c) The timeline for filing the form expires at a future date, despite exclusion of the time provided in sub-para (iii) above. (d) Filing of Form CHG-4 for satisfaction of charges. 5. This issues with the approval of the Competent Authority. Yours faithfully, ( KMS Narayanan) Assistant Director (Policy) - Circular - ..... X X X X Extracts X X X X X X X X Extracts X X X X
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