What is the Annual Statement Overdue Tab?

Question

Why is an overdue Annual Statement no longer appearing under the Overdue Tab if the fee has not yet been paid?

Answer

Once the debt is more than 60 days past due, even if there is an Annual Statement, the Company will no longer appear under the Overdue Tab. It will only appear under the Companies with Debts tab.

 

The conditions used for the Overdue Tab:

  1. Overdue debt should be in the range of 0-30 days (first late fee) or overdue range in 31-60 days (2nd late fee) 

  2. Annual Statement fee is past the payment deadline and still in the 2 month range after the payment due date 

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