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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Section 194N: TDS on cash withdrawal

In order to discourage cash transaction and a move towards less-cash economy, a new section 194N has been introduced for deduction of TDS on cash withdrawal from any account maintained with any bank or post office or co-operative society.
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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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