>>GUIDELINES FOR FILING STATUTORY APPLICATION U/S.
211 & 212.
Guidelines for filing statutory
applications under Section 211
Applications seeking exemption under Section 211 of the Companies Act
should be accompanied by :
Demand draft drawn in favour of the Pay & Accounts Officer,
Department of Company Affairs and payable at New Delhi for amount as indicated below:
Rs. 500/- for companies with authorised share capital of less than
Rs. 25 lacs
Rs. 1000/- for companies with authorised share capital of Rs. 25 lacs
or more but less than Rs. 5 crores.
Rs. 2000/- for companies with authorised share capital of Rs. 5
crores or more.
Specific Board resolution in support of the proposal indicating
specific paras of Part II of Schedule VI and the financial year in respect of which
exemption is sought.
Annual report of the company for the year previous to the one for
which exemption is sought.
Copies of approvals under Section 211 obtained, if any, during the
last three financial years.
The following information should invariably be furnished with the
application:
The financial year for which exemption is sought.
Precise reasons/justification for seeking exemption.
Latest year for which Accounts have been adopted by the company.
If the company had been complying with the requirements in the past,
reasons as to why the compliance has become difficult/not possible.
It should be indicated as to whether the company is maintaining
proper purchase/ sales/ stock registers so as to furnish true and fair view of its state
of affairs in compliance of Sections 209/211 read with Schedule VI to the Act.
Details of total turnover and exports made by the company during the
last three financial years and during the first six months of the financial year in
respect of which exemption is sought.
The companies may have to furnish any other additional information as
may be asked for by the Department.
Guidelines for filing statutory
applications under Section 212
Applications seeking exemption under Section 212 of the Companies Act
should be accompanied by:
Demand draft drawn in favour of the Pay & Accounts Officer,
Department of Company Affairs and payable at New Delhi for amount as indicated below:
Rs. 500/- for companies with authorised share capital of less than
Rs. 25 lacs
Rs. 1000/- for companies with authorised share capital of Rs. 25 lacs
or more but less than Rs. 5 crores.
Rs. 2000/- for companies with authorised share capital of Rs. 5
crores or more.
Specific Board resolution in support of the proposal mentioning
inter-alia the names of subsidiaries and their financial year under reference.
Annual report of the company for the year previous to the one for
which exemption is sought.
Copies of approvals under Section 212 obtained, if any, during the
last three financial years.
The following information should invariably be furnished with the
application:
The financial year for which exemption is sought. This year should
also be the year mentioned in the accompanying board resolution.
Precise reasons/justification for seeking exemption.
Latest year for which Accounts have been adopted by the company.
Names of subsidiaries in respect of which exemption is sought.
Dates on which the companies became subsidiaries of the applicant
company.
The financial years of the holding and subsidiary companies under
reference.
The companies may have to furnish any other additional information as
may be asked for by the Department.
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