Scheme for condonation of delay for companies restored on the Register of Companies

NON-ACADEMIC ICAI UPDATE (NOT RELEVANT FOR EXAMS BUT FOR GENERAL AWARENESS)

CA Study

Hello Everyone,

Please find text of the Scheme for condonation of delay for companies restored on the Register of Companies notification below –

Scheme for condonation of delay for companies restored on the Register of Companies between 01 December, 2020 and 31 December 2020, under section 252 of the Companies Act, 2013

Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India
18th January, 2021
ANNOUNCEMENT

Sub: Scheme for condonation of delay for companies restored on the Register of Companies between 01 December, 2020 and 31 December 2020, under section 252 of the Companies Act, 2013

We are happy to inform you that Ministry of Corporate Affairs has introduced a new scheme namely,??Scheme for condonation of delay for companies restored on the Register of Companies between 01 December, 2020 and 31 December 2020, under section 252 of the Companies Act, 2013?. The Scheme provides to condone delay in filing forms with the Registrar, and spares payment of additional fees. Certain other terms are stipulated and are available in the Scheme document.

This Scheme will be in operation from?01st February 2021?and will be available for filing of any overdue e-forms by such companies till?31st March 2021.

The scheme is applicable for filing of all e-forms except for the following forms:
1. E-form SH-7 (where any increase in authorised share capital is involved)
2. CHG-1, CHG-4, CHG-8 and CHG-9 (Charge Related Documents)

Every company to which this Scheme is applicable shall be required to pay normal filing fees on the date of filing and no additional fees shall be required to be paid.

Circular is available at the link-http://mca.gov.in/Ministry/pdf/GeneralCircularNo.3_15012021.pdf

Members may note the above.

Sincerely Yours,


Chairman and Vice Chairman
Corporate Laws & Corporate Governance Committee
The Institute of Chartered Accountants of India

Official Link of Scheme for condonation of delay for companies restored on the Register of Companies between 01 December, 2020 and 31 December 2020, under section 252 of the Companies Act, 2013 notification can be accessed from below –

https://www.icai.org/post/scheme-for-condonation-of-delay-for-companies-restored-on-the-register-of-companies

That’s all for now. Stay Connected for more such authentic updates.

Jai Hind, Vande Mataram
Team CA Study