MCA took an initiative to allow corporate to make a ‘Fresh Start’. A circular issued by MCA on 30.03.2020 for the benefit of all Companies. This Scheme starts from 01st April, 2020 to 30th September. Before this scheme company has to pay an additional fees in delay of the filing the form mention below with registrar After this scheme company has to pay only normal fees of the form without the additional fees
Scheme shall apply on following compliance which remains to file
1. Annual returns MGT-7
2. Financial statements AOC-4
3. INC-22A (Active Company Tagging Identities and Verification (ACTIVE)
4. INC-20A (Declaration for commencement of business)
5. PAS-3 (return of Allotment)
6. ADT-1 (Appointment of Auditor)
7. MGT-14 (Filing of Resolutions and agreements to the Registrar)
8. DIR-12 (Particulars of appointment of Directors and the key managerial personnel and the changes among them)
9. Any other forms as my be prescribed
This Scheme for Inactive Companies
Defaulting inactive companies has to pending filing form under scheme simultaneously can apply for striking off u/s 248 or wants to apply for obtaining status of dormant company u/s 455
This Scheme shall not apply on Following
1. Company has filed STK-2 for striking off of the company
2. Designated Authority initiated against the company under section 248 of the companies act 2013
3. Amalgamated companies
4. Application has been made for the status of the dormant company
5. Vanishing company
6. Companies which are convicted by any Court in any matter.
7. Which company has to remain filing forms related to charge (CHG-1, CHG-4, CHG-8 or CHG-9)
8. Remains to file form SH-7 for increasing authorized capital
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