Additional Fees payable at the time of Late Annual Filing

Querist : Anonymous (Querist) 08 September 2015 This query is : Resolved
Dear All, kindly opine on the following:
1. I had formed an LLP in 2012, and I had only one business transaction since the inception.
2. I have missed my Annual Filings and now I want to dissolve the LLP.
3. I understand that before that I will be required to comply with the Annual Filings, which is attracting exorbitant penalties, Rs.100 on daily basis.
4. I want to whether there is any provision or procedure for waiver of these penalties, especially as there has been almost no business.
Kindly let me know the steps to get absolved from penalties.

Thanking in Advance....

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