Did you file Company KYC (e-form ACTIVe / INC-22A) yet ? If not, then there is an extension received from the Central Government on 25th April, 2019.
As per Notification dated 25th April 2019, the Government has provided extension for filing e-form ACTIVE (i.e. Company KYC) on or before 15th June 2019.
As per Companies (Registration and Fees) Amendment Rules, 2019, (Refer Notification). The companies which fails to submit form before 15th June, 2019, Penalty of Rs. 10000/- (Rupees Ten Thousand) would be applicable.
Reason behind the extension : The stakeholders were facing various problems in filling up ACTIVe form as mentioned below :
- Dormant company was getting error that “since the company is dormant, ACTIVe form is not applicable”, whereas it is mandatory for Dormant company to file it and exemption from filing is not provided to Dormant company.
- Auditor’s details were not getting pre-filled up in certain cases. Therefore many stakeholders requested to specify SRN of ADT-1 manually in the e-form INC-22A i.e. ACTIVe form.
- For many corporates having different financial years, other than 1st April to 31st March, the SRN of such companies was not being pre-filled automatically.
After considering all these practical issues, the Government has decided to extend the time period for filing e-form ACTIVE.
Please refer the Procedure to submit e-Form ACTIVe/INC-22A
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I am an Independent Practising Company Secretary (a Fellow member of ICSI, B.Com, L.L.B) also empanelled as a Peer Reviewer by ICSI Peer Review Board, from Pune, India. This blog is my sincere effort to help anyone understand Company Formation procedures & other related aspects of Indian Companies Act.
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