Who has the power to condone the delay of registration of charge?
Section 460(b) states that where any document is required to be filed to the Registrar under any provision of the Act, and it is not filed within the time prescribed, the Central Government can condone the delay on the reasons recorded in writing.13-Jan-2022
Section 460 of Companies Act, 2013 – Condonation of delay in certain cases. (b) where any document required to be filed with the Registrar under any provision of this Act is not filed within the time specified therein, the Central Government may, for reasons to be recorded in writing, condone the delay.
Which authority is empowered to extend time for registration?
The Registrar may, on an application, allow such registration to be made within a further period of Sixty Days after payment of such ADVALOREM fees as may be prescribed.09-Aug-2019
Charge holder can file this eForm only after 30 days from the date of creation or modification of charges.13-Dec-2021
How do I file a condonation delay in appeal?
The applicant must satisfy the Court that he was prevented by any “sufficient cause” from prosecuting his case, and unless a satisfactory explanation is furnished, the Court should not allow the application for condonation of delay.22-Jun-2022
It is, therefore, most respectfully prayed that this application may kindly be allowed and the delay of ______ days in filing the _____ may kindly be condoned and the matter may kindly be heard on its merit in the interest of justice.
What are the grounds of condonation of delay?
Condonation of delay is the remedy provided to the parties if they fail to approach the court during the limit that the law has provided to them. This remedy is exercised at the discretion of the court.
PROCESSS OF CONDONATION OF DELAY Filing of petition to the Ministry of Corporate Affairs (MCA) in the Form CG-1, as the case may be. The order shall be filed by the Company to ROC in Form INC-28.
How do you write a condonation letter?
I have computed the taxable income for the year at Rs. 9,54,000 and I am entitled for a refund of Rs. 50,125. I, therefore, request you to please consider the situation and I hope the delay may be condoned along with issuing of orders to seek the refunds after filing the return.10-Jan-2022
REGISTRATION OF CHARGE If the Company fails to register the charge within 60 days then the Registrar may allow further 60 days (i.e. 30+30+60 days) after payment of such additional and ad valorem fees as may be prescribed.13-May-2021
Who is charge holder Companies Act, 2013?
MEANING: Charge as per section 2(16) of the Companies act 2013 means an interest or lien created on the property or assets of a Company or any of its undertakings or both as security and includes a mortgage.27-Sept-2021
A charge created by a company is required to be registered with the Registrar within thirty days of its creation in such form and on payment of such fees as may be prescribed. According to Companies (Registration of Charges) Rules, 2014 e-forms prescribed for the purpose of creating or modifying the charge is Form No.
Can a charge be registered after 120 days?
– The date of creation or modification of charge is before 01.03. 2020 but the timeline for filing , i.e. 120 days has not expired as on 01.03. 2020. Therefore, it is not applicable to cases whose creation or modification of charges was before 03.11.12-Oct-2021
Every company shall intimate the RoC of the payment or satisfaction (in full) of any charge relating to the company within 30 days from the date of such payment or satisfaction. Indian companies will file eForm CHG-4 with their concerned RoC and the foreign companies will file eForm CHG-4 with the Delhi RoC.12-Dec-2021
Can we file charge form after 120 days?
CHG-9 relating to Creation and Modification of Charge is required to be file in maximum 120 days [30 days (Normal Fee) + 30 days (Additional Fee) + 60 days (Advalorem Fee)] from the date of Creation or Modification.08-May-2021
Step 1: Log in to the e-Filing portal using your user ID and password. Step 2: On your Dashboard, click Services > Condonation Request. Step 3: On the Condonation Request page, select Allow ITR filing after time-barred option and click Continue.4 days ago
What grounds can a Court condone the delay in an application or appeal?
* Illness it is the sufficient cause when it is proved without the reasonable cause that the appellant was not able to file an appeal. * Imprisonment-The imprisonment of the appellant can be a sufficient cause. * Ignorance of law can also be a one of the reason but it should be bonafide.
A condonation application is made through a written affidavit requesting a 'pardon' from the commission for the lateness in referring a matter. Section 191 of the LRA determines the time frames within which employees must refer disputes to the CCMA.14-Feb-2022
What does condonation mean?
Definition of condonation : implied pardon of an offense by treating the offender as if it had not been committed.
Section 119(2)(b) of the Income Tax Act, along with circular no 09/2015 issued on 09-06-2015, is a statutory provision for condonation of late filing of returns in circumstances when the assessees could not file their Income Tax returns on time due to genuine hardship.01-Jan-2022
How do I file a belated return for AY 2021 22?
Belated returns need to be filed using ITR forms (ITR-1 to ITR -7) notified by the government for FY 2021-22. “The only difference is, under the 'Part A – General Information' they have to select the section for belated return, which is '139(4)',” says Gupta.04-Aug-2022
Who has the power to condone the delay of registration of charge?