Following the provisions of the Companies Act, 2013, within 30 days from the resignation procedure, an entity is mandated to file DIR-12 Form addressing the dislodged Director’s credential to the Ministry of Corporate Affairs. Failing to do so would lead to penalties and legal complexity:
- One time amount of the definite Govt. fee for not filing the DIR-12 within 15 days
- Twice the Govt. fee for not filing DIR-12 within 30 days
- Step-by-step Online guidance to get GST Certificate and Carrying Out Filing Process
- For not filing the Form within 31-60 days, four times the Govt. fee
- For more than 180 days of not filing the DIR-12, 10 times the Govt. fee and may lead to a Court Trial as well
*Actual Govt. Fee: Rs. 300