MCA extends Due Date for Filing ACTIVE Compliant Form [Read Notification]

ACTIVE Compliant Form - Unlisted Companies - Shell Companies -Taxscan

The Ministry of Corporate Affairs ( MCA ) has extended the last date for filing the ACTIVE Compliant form.

Recently, the Ministry had issued Companies (Incorporation) Amendment Rules, 2019 and Companies (Registration offices and Fees) Amendment Rules, 2019 which shall come into force from 25.04.19 with a view to enable common public to be aware of KYC (Know Your Company) status of the companies and their directors.

It is in the light of the recent Sarada Chit Fund scam, the Government has introduced the new form to curb the practice of fake companies incorporated by the same person.

According to the amended rules, the e Form ACTIVE need to be filed by all Companies incorporated on or before Dec 31, 2017, before 25.04.2019. It is stated that if a Company files the ACTIVE form on or after 26.04.2019 such Company shall be marked ‘ACTIVE Compliant’ only after payment of a fee of Rs. 10,000.

It is further said that in case, a company does not intimate the said particulars, the Company shall be marked as “ACTlVE-non-compliant” on or after 26th April 2019 and shall be liable for action under sub-section (9) of section 12 of the Companies Act, 2013.

In connection with this, the Ministry has also amended the companies (Registration offices and Fees) Amendment Rules, 2019 in order to incorporate Rs. 10,000 as Fee for filing e- Form ACTIVE under rule 25A of the companies (incorporation) Rules, 2014.

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