1. Short title.-
(1) These Rules may be called the Companies (Fees on Applications) Rules, 1999.
(2) They shall come into force on 10th August, 1999.
2. Fees.-
(1) Every application made to the Central Government in respect of a company proposed to be registered pursuant to a licence under section 25 of the Companies Act, 1956, or by a company, (including a foreign company as defined in section 591 of the said Act), under any provision (other than sub-section (1D) of section 108 or clause (b) of sub-section (7) of section 555) of the said Act, shall be accompanied by the fee specified in the Table below, namely: -
Table I
For Applications made
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Amount of fees to be paid (Rs.)
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(i)
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By a company having an authorised share capital of:-
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(a) Less than Rs. 25,00,000
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500
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(b) Rs. 25,00,000 or more but less than Rs. 5 crores
|
1,000
|
(c) Rs. 5 crores or more
|
2,000
|
(ii)
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By a company limited by guarantee but not having a share capital
|
500
|
(iii)
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By an Association or proposed company for issue of licence under section 25 of the Act.
|
500
|
(iv)
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By a company having a valid licence issued under section 25 of the Act.
|
500
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(v)
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By a foreign company
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1,000
|
|
(2) Every application made to the Central Government under sub-section (1D) of section 108 of the said Act shall be accompanied by the fee specified in the Table below, namely :-
Table II
Where the face value of the shares involved in a transfer
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Amount of fees to be paid (Rs.)
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(a) Does not exceed Rs. 5,000
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50
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(b) Exceeds Rs. 5,000
|
100
|
(3) Every application made to the Central Government under clause (b) of sub-section (7) of section 555 of the said Act shall be accompanied by the appropriate fee specified in the Table below:-
Table III
Application for payment from the Companies’ Liquidation Account
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Amount of fees to be paid (Rs.)
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(a) When the amount of claim does not exceed Rs. 5,000
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Nil
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(b) When the amount of claim exceeds Rs. 5,000 but does not exceed Rs. 10,000.
|
200
|
(c) When the amount of claim exceed Rs. 10,000
|
300
|
|
