As you are aware, the Ministry of Company Affairs (MCA) had announced a scheme Company Law Settlement Scheme (2014) (CLSS 2014) to facilitate corporate entities having backlog in filing the Annual Returns and Balance sheets with the Registrar of Companies. As per the scheme, a concession in the additional fees and also immunity from prosecution was also given for corporates who make use of this scheme. The last date for the scheme was earlier fixed at 15th Nov 2014.
In view of the request from various stakeholders, the MCA has further extended the last date for filing the returns under CLSS 2014 to 31st of December 2014.
The corporates who are yet to file their Annual returns and Financial statements for earlier years can make use of this last opportunity.
The relevant Circular is reproduced below :-