Manish Kumar 1st April 2020 301Category: Finance.(0)
CA Manish Kumar Sinha
MCA Update as on 31st March 2020

Companies Fresh Start Scheme, 2020 (CFSS-2020)
Applicability of the Scheme:
On all company who has default in filing ROC form and applicable on all form except Share increased and charged form. Form SH-7 and Charge Related Forms
Director KYC and company KYC:
Both form also included in the scheme and all penalty of Rs 5,000 or Rs 10,000 has been waived
As you know ROC was charging Rs 100 per day penalty on annual return mow it’s removed and mca will charge only nominal applicable fee for all form.
Duration of The Scheme
Period will be 1st April 2020 to 30th Sept 2020
Scheme Not Applicable
Strike off Companies, Amalgamate Companies, Dormant Companies, Vanishing Companies, Companies under Liquidation, Companies under CIRP

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