CFSS2020 Scheme extended to 31st December 2020

Extension of Companies Fresh Start Scheme 2020

The Ministry of Corporate Affairs had introduced a new scheme known as the Companies Fresh Start Scheme, 2020, valid from 01.04.2020 to 30.09.2020 to enable companies to make good their previous defaults. This Scheme has now been extended till 31.12.2020.

General Circular No.30/2020

F.No 02/01/2020-CL-V
Government of India
Ministry of Coporate Affairs

5th Floor, ‘A’ Wing, Shastri Bhawan,
Dr. R.P. Road, New Delhi
Dated : 28th September 2020

To
The DGCoA
All Regional Directors,
Registrar of Companies,
Stakeholders

Subject : Extension of Companies Fresh Start Scheme, 2020

Sir/ Madam,

In continuation to this Ministry’s General Circular No.12/2020 dated 30.03.2020, in view of the large scale disruption caused by the COVID -19 Pandemic and after due examination, it has been decided to extend aforesaid scheme till 31st December 2020. All other requirements provided in the said circualr shall remain unchanged.

2. This issues with the approval of the competent authority.

Yours faithfully,

(KMS Narayanan)
Assistant Director (policy)

Tags:  Company Laws

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