Company Law : MCA Issues Important Clarification to Rectify an Anomaly in Extension of LLP Settlement Scheme, 2020 & Due Date of Filing Form...
Corporate Law : INTRODUCTION In the year 2003, when Naresh Chandra committee, submitted its report entitling “Report of the Committee on Regulat...
Company Law : In this editorial author discusses due date of filling of LLP-8 with Registrar of Companies for financial year 2019-20 along with ...
Company Law : The Ministry of Corporate Affairs has made a further effort to encourage a greater deal of “Ease of doing business”, the Mi...
Company Law : Extension of due dates for various Schemes, Registration as Independent Director, DIR-3 KYC, holding EGM, till 31st December, 2020...
Company Law : ICSI requests MCA for Company Law and LLP Law Settlement Scheme 2024 to address filing challenges and avoid penalties for companie...
CA, CS, CMA : The Institute of Company Secretaries of India (ICSI) has written a letter to the Secretary of the Ministry of Corporate Affairs, r...
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 ...
Company Law : Ministry of Corporate Affairs Extending deadline of Companies Fresh Start Scheme and LLP Settlement Scheme Posted On: 23 MAR 2021 ...
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 : Handoo & Handoo Legal Consultants Vs. Union of India (Delhi High Court) The plea of the petitioner(s) in the present applicati...
Company Law : Timeline for filing of belated documents has been extended upto 30th November, 2020 due to Extension of LLP Settlement Scheme, 202...
Company Law : MCA had introduced a new scheme known as the LLP Settlement Scheme, 2020 which was valid from 01.04.2020 to 13.06.2020 and was lat...
Company Law : in order to support and enable Limited Liability Partnerships (LLPs) registered in India to focus on taking necessary measures to ...
Company Law : Ministry of Corporate Affairs introduces the 'Companies Fresh Start Scheme, 2020' and revised the 'LLP Settlement Scheme, 2020' to...
Income Tax : Extend last date for income tax returns for (FY 18-19) to 30th June, 2020. Aadhaar-PAN linking date to be extended to 30th June, ...
LLP Settlement Scheme 2020 is a one-time relaxation provided to LLP’s which have defaulted in filing the statutory documents within the required due dates. The LLP’s which opt for this scheme shall not be required to pay additional fees. This scheme has been implemented by the Central Government in exercise of its powers under Section […]
As a result of the receipt of multiple representations from various stakeholders for granting this time opportunity to make the default good, the Ministry of Corporate Affairs (MCA) vide circular no.12/20 has notified a scheme for the companies registered in India who have defaulted in filing necessary documents & returns in the past, giving them an opportunity […]
Company Fresh Start Scheme and LLP Settlement Scheme is a one-time waiver of additional filing fees for delayed filings by the companies or LLPs with the Registrar of Companies during the currency of the Schemes, i.e. during the period starting from 1st April, 2020 and ending on 30th September, 2020.
Good News for Defaulting LLPs by Central Government in the form of introduction of LLP Settlement Scheme, 2020 The Government of India through Ministry of Corporate Affairs (MCA) has taken several measures in the year 2020 to promote ease of doing business in India. One such measure is issuance of ‘LLP Settlement Scheme, 2020’. In […]
Today while we are in lockdown period, let us understand the structure of Limited Liability Partnership firm which is most favoured by the businesses in recent times. Limited Liability Partnerships (LLP) came into effect through The Limited Liability Partnership Act, 2008 (the LLP Act). The Rules made under the LLP Act have been notified on […]
Company’s Fresh Start Scheme, 2020 Government of India has released several measures granting relaxation to businesses to combat COVID-19 Outbreak, the Ministry of Corporate Affairs (MCA) has also come up with specific measures for Companies and LLP’s. What Comes First……… The Companies (Registration Offices and Fees) Second Amendment Rules 2018 has been notified on 7th […]
Article explains Background, Duration, Applicability, Non-Applicability and Manner of Payment under Companies Fresh Start Scheme, 2020 and LLP Settlement Scheme, 2020. It further explains about Immunity from Prosecution and Application for Issuance of Immunity Certificate under Companies Fresh Start Scheme, 2020 and LLP Settlement Scheme, 2020. S.NO. PARTICULARS COMPANIES FRESH START SCHEME, 2020 LLP SETTLEMENT […]
50 FAQs issued by MCA on Companies Fresh Start Scheme (CFSS), 2020 and LLP Modified Settlement Scheme, 2020 Thus, Ministry has launched a scheme known as ‘Companies Fresh Start Scheme, 2020‘ and ‘LLP Modified Settlement Scheme, 2020′ condoning the delaying filing the above mentioned documents with Registrar, it relates to waiver of additional fees and […]
Relaxations Under Companies Act, 2013 (CA-2013) And Limited Liability Partnership Act, 2008 In View of COVID-19 Outbreak. MCA vide its General Circular 11/2020 dated March 24, 2020 issues some relaxations under Companies Act, 2013 (CA-2013) and Limited Liability Partnership Act, 2008 in view of COVID-19 outbreak. In order to support and enable Companies and LLPs […]
A. MCA in continuation with its LLP SETTLEMENT SCHEME, 2020 vide General Circular No. 06/2020 dated on March 04, 2020 issues MODIFIED LLP SETTLEMENT SCHEME, 2020 vide general circular no 13/2020 dated March 30, 2020 in order to provide relief to defaulting LLPs registered in India. B. Following are the changes/modification made to Scheme: 1. […]
