Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 40B] [Entire Act]

Union of India - Subsection

Section 40B(4) in Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

(4)[ The filing of a Form under this regulation after due date of submission, whether by correction, updation or otherwise, shall be accompanied by a fee of five hundred rupees per Form for each calendar month of delay after 1st April, 2020.Example: A Form is required to be filed by 29th April, 2020. It shall be filed along with a fee as under:
If filed on Fee (in Rupees)
28th April, 2020 0
29th April, 2020 0
30th April, 2020 500
Any day in May, 2020 1000
Any day in June, 2020 1500]