Extension of CFSS, LLP Settlement and various other schemes by Ministry of Corporate Affairs

By Team Lawgical Startup

The Ministry of Corporate Affairs introduced several schemes namely Companies Fresh Start Scheme, 2020 (CFSS), LLP settlement Scheme 2020, Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 and Clarification on holding of annual general meeting (AGM) through video conferencing (VC) or other audio…

Companies Fresh Start Scheme, 2020 (CFSS-2020) – Detailed Analysis

By Rounak

The Ministry has received various representations from stakeholders requesting for grant of one-time opportunity, so as to enable them to complete their pending compliances by filing necessary forms without higher/additional fees. In view of the same, the Ministry of Corporate Affairs (MCA) has come up with a new scheme COMPANIES FRESH START SCHEME, 2020 (CFSS-2020)…