DPT-3 Filing

What is DPT-3 Filing?

DPT-3 is a form filed by companies with the Ministry of Corporate Affairs (MCA) to disclose the details of deposits received from shareholders and the public. This filing is required under Section 73 of the Companies Act, 2013, to ensure that companies that accept deposits do so in accordance with the law and disclose the necessary details.

Who is Required to File DPT-3?

• Private and Public Companies:
  • All companies, whether private or public, that have received deposits from the public or shareholders during the financial year are required to file DPT-3.
• Exemptions:
  • Companies that have not accepted any deposits during the year, or companies that are exempted under the Act, are not required to file this form.

Key Details to be Reported in DPT-3:

1. Outstanding Deposits:
   • Companies must report the outstanding balance of deposits as of the end of the financial year.
2. Deposits Accepted:
   • The total amount of deposits accepted during the year, including details of interest, maturity, and repayment terms.
3. Deposits Due for Repayment:
   • The amount of deposits that are due for repayment during the year.
4. Details of Depositors:
   • Information about the depositor and the type of deposit (secured/unsecured), along with any defaults or non-repayment issues.

Process for DPT-3 Filing:

1. Check Eligibility:
   • Determine if your company has accepted deposits or has outstanding deposits that need to be disclosed.
2. Prepare Details:
   • Collect all necessary information regarding outstanding deposits, interest payments, and repayment schedules.
3. Fill DPT-3 Form:
   • Fill in the DPT-3 form with accurate and complete details of deposits, as per the format prescribed by the MCA.
4. File the Form with MCA:
   • File the DPT-3 form with the Registrar of Companies (RoC) through the MCA portal, ensuring timely submission.
5. Payment of Filing Fee:
   • Pay the required filing fee for DPT-3 filing as prescribed by the MCA.

Due Date for DPT-3 Filing:

• Annual Filing:
  • DPT-3 is required to be filed annually within 30 days from the end of the financial year, i.e., by June 30th of each year.
• Additional Filing:
  • A one-time filing is required for companies that have outstanding deposits under the rules for the first time.

Penalties for Non-Compliance:

1. Late Filing Fees:
   • Late filing of DPT-3 attracts a penalty of ₹100 per day of delay, subject to a maximum penalty of ₹5,00,000.
2. Fines for Incorrect Information:
   • Providing incorrect or incomplete information in the DPT-3 form may lead to a fine or penalty for the company.

Documents Required for DPT-3 Filing Services:

1. List of Depositors:
   • A list of all the depositors and the deposits received, including their respective amounts and due dates.
2. Company Financial Details:
   • Company’s financial statements, including balance sheet and profit and loss account.
3. Resolutions or Agreements:
   • Any resolutions passed or agreements made for accepting deposits.