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default in filing balance sheet

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(Querist)
16 March 2010 Our company has not filed Balance sheet for continous period of 5 years. Now we want to voluntarily file a petition with CLB for condonation of delay u/s 621 .

Do we have to file petition for all 5 yrs separately or 1 petition for all 5 yrs would be enough?
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Jagruti (CS)

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Jagruti (CS) (Expert)
16 March 2010 I do not htink there is need to file petition to CLB as when now you will file Returns of all this 5 years you have to pay additional fee for the delay in filing.

SO no need to go for compunding or for filing petition
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Ankur Garg

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Ankur Garg (Expert)
16 March 2010 You may follow the advise given on your profile as the same was in sync with the above expert advise.

Regards
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aditi daga

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aditi daga (Querist)
17 March 2010 Bur sir our company is in the list of defaulters (MCA website)
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aditi daga

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aditi daga (Querist)
17 March 2010 Bur sir our company is in the list of defaulters (MCA website)
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