Timeline for filing of belated documents has been extended upto 30th November, 2020 due to Extension of LLP Settlement Scheme, 2020.

General Circular No. 37/2020– MCA permits Any ‘defaulting LLP’ to tile belated documents, which were due for filing till 30th November, 2020 in accordance with the provisions of LLP Settlement Scheme, 2020. if further provides that If a statement of account and solvency for the financial year 2019-2020 has been signed beyond the period of six months from the end of financial year but not later than 30th November, 2020, the same shall not be deemed as non-compliance.

In other words the timeline for filing belated documents has been extended from 30th September, 2020 to 30th November, 2020. Accordingly, extension is also available for furnishing of financial statement for the F.Y. 2019-20.

Also, the statement of account and solvency for the financial year 2019-2020 which has been signed beyond the period of six months from the end of financial year but not later than 30th November, 2020, will not be deemed as non-compliance. Text of the Circular is as follows:-

General Circular No. 37/2020

File No. 17/61/2016-CL-V Pt-I
Government of India
Ministry of Corporate Affairs

5th Floor, A-wing Shastri Bhavan,
Dr. R P Road, New Delhi-01
Dated: 09.11.2020

To,

The DGCoA,

All Regional Directors,

All Registrars of Companies, All Stakeholders.

Subject: Extension of LLP Settlement Scheme, 2020.

Sir/ Madam,

In continuation to this Ministry’s General Circular No. 13/2020 dated 30.03.2020 and in the General Circular No. 31/2020 dated 28.09.2020 the scheme was extended till 31st December 2020, in view of large scale disruption caused by the COVID-19 pandemic and after due examination, it has been decided to extend the date on applicability to defaulting LLP and therefore, in serial number 3, para 8A, sub-para (iii) of the said circular dated 30.03.2020, belated documents due for filing till 30th November 2020 shall be substituted. All other requirements provided in the said circulars shall remain unchanged.

2. If a statement of account and solvency for the financial year 2019-2020 has been signed beyond the period of six months from the end of financial year but not later than 30th November, 2020, the same shall not be deemed as non-compliance.

3. This issue with the approval of competent authority.

Your Faithfully,

(Chandan Kumar)

Deputy Director (Policy)

Copy forwarded for information to: ‑

  1. E-governance section and web contents officer to place the circular on MCA
  2. Guard file.

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