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] [Entire Act]

Union of India - Section

Section 5 in Company Law Settlement Scheme, 2000

5. Time and manner of payment of fees for seeking immunity under the Scheme.-

The decla rant shall pay lump sum amount based on the period of delay and the nominal filing fees as per Schedule X of the Act, apart from the lump sum amount as stated in the table given below :
Sl. No. Number of documents Amount payable for delay less than 3 years Amount payable for delay for period more than 3 years
(a) Upto 2 Rs.2,500 Rs.3,000
(b) Upto 5 Rs.5,000 Rs.6,000
(c) Upto 10 Rs.7,500 Rs.9,000
(d) More than 10 Rs.10,000 Rs.15,000
The amount payable shall be deposited alongwith a challan form in any of the designated branches of Punjab National Bank or by way of of Pay Order/Demand Draft payable to the Registrar of Companies. Any sum paid for seeking immunity under the Scheme shall not be refundable under any circumstances.