Relaxation of last date and additional fee in filing of e-Form 23C for Appointment of Cost Auditor

General Circular No. 14/2013, 52/5/CAB-2011, dated 03.09.2013

Reference is invited to General Circular No. 15/2011, dated 11.04.2011 (amended further by General Circular No. 36/2012, dated 06.11.2012), under the Clause (f) of which, the Company shall e-file its application in Form 23C for appointment of Cost Auditor within 90 days from the date of commencement of each financial year along with prescribed fee. Further, vide Notification, G.S.R. 617(E), dated 07.08.2012, the additional fee for delay in filing applications for appointment of cost auditor under sub-section (2) of Section 233(B) of Companies Act, 1956 were also prescribed.

It has now been decided to extend the last date of filing and to relax the additional fee applicable on e-Form 23C up to 31.10.2013 and as such the e-Form 23C can be filed for appointment of cost auditor with normal applicable fee, up to 31.10.2013 or within 90 days of the commencement of the company’s financial year to which the appointment relates, whichever is later.

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Source: Ministry of Corporate Affairs.