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Company & LLP Law

FAQ on Companies Fresh Start Scheme and LLP Settlement Scheme 2020

Ministry of Corporate Affairs (MCA) has recently launched the Companies Fresh Start Scheme 2020 (CFSS 2020) and LLP Settlement Scheme 2020. Both the schemes will remain in force from 01.04.2020 to 30.09.2020. Now to address the concerns of the various stakeholders, MCA has issued 50 Frequently Asked Questions (FAQ) on both schemes.
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AGM Notice Format

Sample format of notice for the annual general meeting of the company. This notice is a draft notice for small and medium-sized companies.
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Companies Fresh Start Scheme, 2020

Ministry of Corporate Affairs, notified Companies Fresh Start Scheme, 2020. Under the scheme, all the companies can file any overdue documents with the MCA-21 registry at a normal fee without any additional fees. This scheme is applicable from 01.04.2020 and will remain in force till 30.09.2020. Under the scheme any overdue documents including annual filing can be filed irrespective of its due date.
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LLP Settlement Scheme 2020 – Amnesty Scheme for LLPs

Ministry of Corporate Affairs (MCA) vide general circular number 6/2020, introduced LLP Settlement Scheme 2020. This amnesty scheme allowed all LLPs to file pending Form-3, Form-4, Form-8 and Form-11 on additional fee of Rs 10/- per day subject to maximum of Rs 5000/- additional fee per form.
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Nidhi Rules, 2014

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 31st March, 2014 G.S.R. 258(E).—In exercise of the powers conferred under sub-section (1) of Section 406 read with subsections (1) and (2) of 469 of the Companies Act, 2013, the Central Government…

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