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Rectification of mistakes while filing Form No. 1, Form No. 1A and Form No. 44- insertion of rule 20G(1) and Form 68

Rule 20 F has been inserted and Form No. 68 has been introduced by amendment in Companies (Central Government's General Rules and Forms (Second Amendment), 2010 in respect of rectification of mistakes

It’s read as under

"20G (1) An application for rectification of mistakes made while filing Form No.1, Form No.1A and Form No.44 electronically, on the Ministry's website, shall be made to the Registrar of Companies in Form No.68 and such application shall be accompanied by fee of rupees one thousand for rectification of mistakes in Form No.1 and Form No. IA and rupees ten thousand for rectification of mistakes in Form No.44 respectively;

(2) An application in Form No.68 complete in all respects shall be made to the Registrar within a period of three sixty-five days from the date of approval of Form No.1, Form No. IA and Form No.44 respectively by the Registrar:


Provided that the provision relating to the rectification of mistakes as is referred to in sub-rule (1) shall also be made applicable to the Form No.1, Form No.1A and Form No.44 filed and approved electronically on the Ministry's website, prior to the 14th day of March, 2010.


(3) After receiving the application for rectification of mistakes, the Registrar shall examine the said application based on the relevant documents filed and available on record and thereafter approve the application and intimate the mistakes rectified to the applicant within a period of sixty days from the date of filing of the said application:


Provided that the rectification of mistakes shall be allowed only once in respect of one company."


Main features of the Provision

- Rectification of mistakes in Form 1, Form 1A and Form 44 are allowed only once in respect of one company

- Such rectification shall be done by Form 68

- Application shall be filed within a period of 365 days (Three sixty five days from the date of approval) of Form No. 1, Form No. 1 A and Form No. 44 respectively by Registrar

- Application shall be accompanied by fee of rupees one thousand for rectification of mistakes in Form No.1 and Form No. IA and rupees ten thousand for rectification of mistakes in Form No.44 respectively;

http://www.mca.gov.in/MCA21/dca/downloadeforms/Download_eForm_choose.html Form 68

 

 

 
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