Availability of Companies Fresh Start Scheme-2020 Form as e-form w.e.f. 16th January, 2021

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

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Hello Everyone,

Please find text of the Availability of Companies Fresh Start Scheme-2020 Form as e-form w.e.f. 16th January, 2021 notification below –

Availability of Companies Fresh Start Scheme-2020 Form as e-form w.e.f. 16th January, 2021

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

ANNOUNCEMENT

Sub: Availability of Companies Fresh Start Scheme-2020 Form as e-form w.e.f. 16th January, 2021

The Ministry of Corporate Affairs (MCA) had introduced a scheme “Companies Fresh Start Scheme, 2020 (CFSS-2020) vide its General Circular No 12/2020 dated 30th March 2020 to give a one-time opportunity to the defaulting companies and to enable them to file the belated documents in the MCA-21 Registry.

As per sub para (vii) of para 6 of the Scheme the application for seeking immunity in respect of belated documents filed under the CFSS Scheme has to be made electronically in the Form CFSS-2020 after closure of the scheme i.e. 31.12.2020 and after the documents are taken on file, or on record or approved by the Designated Authority as the case may be but not after 30th June’ 2021 i.e. the expiry of six months from the date of closure of the Scheme.

In this regard, MCA has informed that the CFSS 2020 Form shall be available for filing as e-form w.e.f. 16th January, 2021 for all the stakeholders.

Announcement is available at the link- http://www.mca.gov.in/MinistryV2/homepage.html

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 Availability of Companies Fresh Start Scheme-2020 Form as e-form w.e.f. 16th January, 2021 notification can be accessed from below –

https://www.icai.org/post/availability-of-companies-fresh-start-scheme-2020

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