CFSS 2020 – Make scheme applicable for companies who have done the filings and paid late fees prior to scheme
THE INSTITUTE OF COMPANIES SECRETARIES OF INDIA
MCA : July : 2020
July 9, 2020
Shri Rajesh Verma, IAS
Secretary
Ministry of Corporate Affairs
Government of India
Dr. Rajendra Prasad Road
Shastri Bhawan
New Delhi 110001
Dear Sir,
Sub : Request for relief under the Companies Fresh Start Scheme, 2020
We wish to draw your kind attention towards Circular No 11/2020, dated March 24, 2020 and further Circular No. 12/2020 dated March 30, 2020, issued by the Ministry of Corporate Affairs (‘MCA‘), wherein a Scheme has been introduced namely the Companies Fresh Start Scheme, 2020 (‘Scheme’). The Scheme is applicable for the period from April 1, 2020 to September 30, 2020.
In the wake of global pandemic, the said Scheme is a welcome step to provide an opportunity to the defaulting companies to make a fresh start by filing the belated documents under the Companies Act, 2013 with normal fees without the requirement of payment of additional fees. The Scheme intends to provide immunity from the launch of prosecution and proceedings for imposing penalty on account of delay in filing of documents and is available only in respect of filings made during the period of Scheme as per the conditions mentioned therein.
Tags : ICSI
You May Also Like :
- Corporate Compliance Calendar for the Month of April 2020
- MODIFIED LLP SETTLEMENT SCHEME, 2020
- Live link of All Studycafe Webinar
- Webinar on Vivad Se Vishwas Scheme 2020
The post CFSS 2020 – Make scheme applicable for companies who have done the filings and paid late fees prior to scheme appeared first on Studycafe.
from Studycafe https://ift.tt/2AMGSls
No comments:
Post a Comment