Company Law : Many companies availed benefit of the Companies Fresh Start Scheme (CFSS) 2020 last year. Last year MCA came up with the Companies...
Company Law : Period of filing of CFSS form: The last date for filing of this form is June 30, 2021. This to be filed without any fees & wil...
Company Law : CERTIFIED TRUE COPY OF RESOLUTION PASSED IN THE MEETING OF BOARD OF DIRECTORS OF (Name of the Company) HELD ON (Day), (Date) AT TH...
Company Law : Ministry of Corporate Affairs (‘MCA’) has introduced a scheme known as Companies Fresh Start Scheme (‘Scheme’) on 30th Mar...
Company Law : Form CFSS 2020- It is an application in e-form for seeking immunity in respect of belated documents filed under the CFSS scheme, 2...
Corporate Law : As per record, 4,73,131 number of Indian Companies and 1065 number of Foreign Companies have benefited by availing the CFSS, 2020 ...
Corporate Law : Considering that the Country is still under recovery phase and Corporates are finding it difficult to work with full capacity, we ...
Company Law : Ministry of Corporate Affairs Extending deadline of Companies Fresh Start Scheme and LLP Settlement Scheme Posted On: 23 MAR 2021 ...
Company Law : As per records available with the Ministry of Corporate Affairs (MCA), 4,73,131 number of Indian Companies and 1,065 number of Fo...
Company Law : MCA has raised the threshold of default under section 4 of Insolvency and Bankruptcy Code (IBC) to Rs. 1 crore from the existing t...
Company Law : Delhi HC sets aside director disqualification in Anjali Bhargava vs Union of India case. Reactivation of DIN and DSC ordered for C...
Company Law : Explore the Delhi High Court's decision in Anant Narain vs. Union of India, addressing the revival of DIN/DSC for directors under ...
Company Law : Navneet Sahay Verma and another Vs. Registrar of Companies and another (Bombay High Court) The Petitioners, because of their disqu...
Company Law : The issue under consideration is whether Disqualified Director whose DIN and DSC has been frozen by the ROC due to non compliance ...
Company Law : Companies Fresh Start Scheme, 2020 provides an opportunity for active companies who may have defaulted in filing of documents, to ...
Company Law : Calcutta HC sets aside penalty for Jeet Machine Tools Ltd. under CFSS-2020 immunity, dismissing the appeal against the ROC Mumbai ...
Company Law : Scheme for condonation of delay for companies restored on the Register of Companies between 01 December 2020 and 31 December 2020,...
Company Law : MCA enabled filing of various IEPF e-forms (IEPF -1, IEPF- I A, IEPF-2, IEPF-3, IEPF-4, IEPF-7) and e-verification of claims filed...
Company Law : The Ministry of Corporate Affairs had introduced a new scheme known as the Companies Fresh Start Scheme, 2020, valid from 01.04.20...
Company Law : Central Government introduce a Scheme namely Companies Fresh Start Scheme, 2020 (CFSS-2020) condoning the delay in filing the spec...
Companies Fresh Start Scheme, 2020 provides an opportunity for active companies who may have defaulted in filing of documents, to put their affairs in order. It thus provides Directors of such companies a fresh cause of action to also challenge their disqualification qua the active companies.
Companies Fresh Start Scheme, 2020 (CFSS, 2020) As Per the Provision of Companies Act, 2013, it is a Mandatory for all companies to do Annual Statutory Compliances By filing the Annual Return and Financial Statements. Apart From this Various other Statements, documents, returns etc. are also required to be filed within prescribed time Limits. Filing […]
As we all are aware that Ministry of Corporate Affairs (MCA) in strict action mode since last 2-3 years and have strike off large no of Companies on its own motion and disqualified their directors for being a director for five years, just because of non-filing of due Statutory Annual Returns for continuously last Three […]
Commencement of Business (INC-20A) and Companies Fresh Start Scheme, 2020 (‘CFSS-2020’) The concept of Certificate of ‘Commencement of Business’(COB) were earlier provided under Section 149 of the Companies Act, 1956 (Erstwhile Act). The provisions were only applicable to newly incorporated public companies having share capital. It was also introduced by the Companies Act, 2013 (“the […]
E-form Active (INC-22A) and Companies Fresh Start Scheme, 2020 (‘CFSS-2020’) On November 2, 2018, the Government of India has announced various new amendments to the Companies Act, 2013 (‘Principal Act’). These amendments were a continuation of a number of steps the Government of India has taken in the past couple of years, to strengthen the […]
Due to this pandemic situation every person is limited with resources either in the terms of funds or in terms of compliance, so in this pandemic situation, to boost the entrepreneur and to encourage him the government comes forward and introduce an one time late fees waiver for all the previous returns in which Company […]
There is a lot of confusions amongst the professionals with respect to getting immunity certificate (filing Form CFSS after 1st October) for Form DPT-3 and other Forms whose due date falling between 01st April, 2020 and 30th September, 2020 and filed before 30th September, 2020. In this write up, we discuss and interpret the same. […]
Company Law Fresh Settlement Scheme Question: Whether the e-Form CFFS-2020 required to be filed for the forms which have been filed within due dates during the vouge of the scheme? Ministry of corporate Affairs (MCA) had in the circular dated 24 March, 2020, provides for a moratorium on delay in filing of form till September […]
Point no-1 Whether we need to update the information and transition period in classification, every year? As we know ministry of MSME has issued a notification as on 26th June 2020 which notifies certain criteria for classifying the enterprises as micro, small, and medium enterprise and specifying the form and procedure for filling memorandum w.e.f […]
COMPANIES FRESH START SCHEME, 2020 (CFSS-2020) [MCA General Circular No. 12/2020 dated 30th March, 2020] The Ministry of Corporate Affairs (‘MCA’) had, in the Circular No. 11/2020, dated 24th March, 2020, inter alia other relaxations / special measures provided in view of the Covid-19 pandemic, indicated regarding providing immunity to the Companies and LLPs with […]
