Filing of DPT -3
Compliance of ROC Work
1. Filing of MSME Return
2. Filing of DPT-3
3. Director KYC
4. ADT-1
5. AOC-4
6. MGT-7…etc various things
Filing of DPT – 3
DPT 3 is a return of deposits that companies must file to furnish information about deposits and/or outstanding receipt of loan or money other than deposits.
Latest updates on Form DPT-3 : –
Form DPT-3 has been included in the list of forms under the Companies Fresh Start Scheme (CFSS) 2020, Accordingly no late fees will be charged if the form is filled till 30th of September 2020.
Background : –
In order to safeguard the interest of creditors or depositors, the Central Government in consultation with the Reserve Bank of India notified the amendment in the Companies (Acceptance of Deposits) Rules 2014 through Companies (Acceptance of Deposits) Amendment Rules 2019.
Introduction : –
MCA vide its notification dated 22nd January 2019 notified that every company other than a government company must file a one-time return in DPT 3. It is also required to be filed annually. Accordingly, a sub-rule (3) was inserted after sub-rule (2) in Rule 16A of the Companies (Acceptance of Deposits) Rules, 2014 which reads as follows: 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 from the 01st April, 2014 to 31st March, 2019, as specified in Form DPT-3 within “ninety days from 31st March, 2019” along with a fee as provided in the Companies (Registration Offices and Fees) Rules, 2014. The said time period was then amended by issue of General Circular No.05/2019 which stated that the additional fee will be levied after 30 days from the deployment of the form DPT -3 on MCA 21 portal. Therefore, the revised due date was 31st of May 2019. Since then, the form must be filed annually.
Who is exempt from filing the return : –
Every company except a government company must file this return. Additionally, as per Rule 1(3) of the Companies (Acceptance of Deposits) Rules 2014, the following companies are also exempt: Banking company Non-Banking Financial Company A housing finance company registered with National Housing Bank Any other company as notified under proviso to subsection (1) to section 73 of the Act.