On account of the resurgence of the COVID-19 pandemic, representations have been received by the Ministry of Corporate Affairs requesting relaxation of timelines related to the filing of certain charge related forms. Accordingly, MCA has released the time for filing forms related to the creation or modification of charges under the Companies Act, 2013. Read the official notification below:
General Circular No. 07/2021
Government of India
Ministry of Corporate Affairs
5th Floor, 'A' Wing, Shastri Bhawan,
Dr. R. P. Road, New Delhi-110001.
All Regional Directors,
All Registrar of Companies,
Subject: Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013.
On account of the resurgence of COVID-19 pandemic, representations have been received in this Ministry requesting relaxation of timelines related to filing of certain charge related forms. The representations have been examined and the Central Government has, in exercise of its powers under section 460 read with section 403 of the Companies Act, 2013 (Act) and the Companies (Registration Offices and Fees) Rules, 2014, decided to allow relaxation of time and condone the delay in filing forms related to creation/modification of charges as per details given in para 2 of this Circular.
2. (i) Applicability:
This Circular shall be applicable in respect of filing of Form No. CHG-1 and Form No. CHG-9 (both referred as 'form' or 'forms') by a company or a charge holder, where the date of creation/modification of charge:
a. is before 01.04.2021, but the timeline for filing such form had not expired under section 77 of the Act as on 01.04.2021, or
b. falls on any date between 01.04.2021 to 31.5.2021 (both dates inclusive).
To read more in details, find the enclosed fileTags : mcacorporate lawcompanies act 2013