MCA Update – Filing of onetime return in e form DPT 3

The Ministry of Corporate Affairs has inserted Rule 16A in Companies (Acceptance of Deposit) Rules, 2014 with regard to this every company not being a government company has to file a onetime return in eform DPT-3.

Please note the following key points needs to be considered in this regard:

Form Name Return of Deposits
E-form No. DPT – 3
Purpose Every company other than Government company shall file a onetime return of outstanding receipt of money or loan by a company but not considered as deposits, in terms of clause (c) of sub rule 1 of rule 2 of Companies (Acceptance of Deposits) Rules, 2014 along with fee.
Due Date 22nd April 2019  90 days from 31st March 2019 (As per Notification dated 30th April 2019)
Cut Off Date of Outstanding receipt of Money 22nd January 2019 31st March, 2019 (As per Circular dated 12th April 2019)
Non-Filing Consequence The company and every officer of the company who is in default shall be punishable with fine which may extend to five thousand rupees and where the contravention is a continuing one, with a further fine which may extend to five hundred rupees for every day after the first day during which the contravention continues.
Click here for rules and form
What needs to be done Books of accounts are needed to be finalised as on 22nd January 2019  31st March, 2019
Attachments to Form ·       Auditor’s Certificate

·       Copy of Trust Deed(If any)

·       Copy of Instrument Creating Charge (if any)

·       List of Depositors (if any)

·       Details of Liquid Asset

·       Any other Optional attachment

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