Form DPT-3 is a return form to be filed by companies, on behalf of their outstanding loans that are not considered as deposits. This rule came into effect after the Ministry of Corporate Affairs (MCA) made amendments to several existing rules. Thus, making it mandatory for all companies to file form DPT 3, except government organizations, for pending loans or receipts. This form is filed as per Rule 16 of the Companies (Acceptance of Deposit) Rules, 2014.
To clarify, as per clause (c) of sub-rule 1 of rule 2 in the Companies (Registration Offices and Fees) Rules, 2014, this DPT 3 form as per MCA is filed from the 01st April 2014 to 31st March 2019 within “ninety days from 31st March 2019”.
This rule came into effect after the Indian Government in coordination with RBI (Reserve Bank of India) decided to alter the Companies (Acceptance of Deposits) Rules, 2014.
Benefit 1: It’s only required to be filed once by organizations with outstanding receipts that are not considered as deposits, as per Rule 2(1)(C) of Deposit Rules by 29th June.
Benefit 2: It is only to be filed on the 30’th of June as per the yearly return of deposits by companies whose deposits come under Sec 73 to 76 of Deposit Rules
Purpose 3: It is only to be filed on the 30’th of June of every year as per the yearly return of exempted deposits by companies whose deposits come under Rule 2(1)(C) of Deposit Rules.
Purpose 4: It is only to be filed on the 30’th of June of every year in accordance with the yearly return of deposits and exempted deposits by companies, whose deposits come under Sec 73 to 76 Rule 2(1)(C) of Deposit Rules.
When it comes to filing form DPT 3, here is the following procedure to be followed according to the ministry of corporate affairs (MCA).
It begins with auditing the balance sheet of the company. This is because the balance sheet is presented along with the form DPT 3. The form DPT 3 due date should be according to the outstanding amount to be received by the company.
Visit the MCA portal (mca.gov.in) and download the form DPT – 3.
Enter all the details in the form such as name, address, and email, as well as the CIN number.
It is important to enter the right information to avoid any clerical or non-clerical error. Keep the following things in mind while filling the form DPT–3;
Enter all the information and review if everything has been entered correctly, before signing it with the director’s digital signature.
The process is marked as complete after the form has been signed and uploaded onto the MCA portal.
|If Company Share Capital||Statutory Fees to ROC|
|Less than 1,00,000||INR 200|
|1,00,000 to 4,99,999||INR 300|
|5,00,000 to 24,99,999||INR 400|
|25,00,000 to 99,99,999||INR 500|
|1,00,00,000 or more||INR 600|
|Period of delay||Late fee/Additional fee|
|Up to 30 days||2 times of statutory fees|
|More than 30 days and up to 60 days||4 times of statutory fees|
|More than 60 days and up to 90 days||6 times of statutory fees|
|More than 90 days and up to 180 days||10 times of statutory fees|
|10 times of statutory fees||12 times of statutory fees|
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