Amendment status not verified — confirm the current text below against the official source.
(1) Any delay in filing of returns, forms, annual statements, accounts and other statements of a society may be condoned and the filing of the said documents may be regularised on payment of fine provided hereunder within such time, as may be specified by the Government from time to time. (2) The amount of fine to be paid under sub-section (1) shall be as follows:-- (a) when the delay does not exceed 1 year : Rs. 200; (b) when the delay exceeds a year and does not exceed 2 years : Rs. 500 per year; (c) when the delay exceeds 2 years and does not exceed 5 years : Rs. 750 per year; (d) when the delay exceeds 5 years : Rs. 1000 per year.] Substituted by Kerala Finance Act, 2023 (17 of 2023) published in K. G. Ext. No. 1170 dt. 28/03/2023 (w.e.f. 01/04/2023). Prior to the substitution it read as: "31A. One time settlement of arrears of fees due under the Act.-- Any delay in filing of returns, forms, annual statements, accounts and other statements of a society may be condoned and the filing of the said documents may be regularised on payment of a fine of five hundred rupees in respect of each year of delay in filing any or all of the same. Application for regularisation shall be filed on or before 31st December, 2015. However the Government may extend the period of filing the application to such further period as may be specified from time to time.