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Roc filing

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27 August 2019 Hello Sir, I urgently required ur advice. our company was formed in 2016 & thereafter no annual return compliance was done. As a result of such failure Rs 160000 fine is imposed on company. my que is can we do annual compliance for FY 16-17 & 17-18 now without paying fine. because we are in short of such huge money as on date & to stop Rs 200 per day fine can we do so...??? or fine is required to be paid before filing. Pls Advice
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CS Peer mehboob

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CS Peer mehboob (Expert)
28 August 2019 Penalty has to be paid. However, you may go for compounding of offence, NCLT may in its discretion reduce the penal amount.
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