Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies

Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies
Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 1 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 2 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 3 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 4

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

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Hello Everyone,

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

Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies

Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies

Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India

30th  January, 2021

ANNOUNCEMENT

Sub: Clarification on matters related to 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,

ca study

2013

This is to inform you that Ministry of Corporate Affairs has issued an announcement regarding the new scheme 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” introduced vide circular no 03/2021 dated 15.01.2021.

The MCA vide its announcement has clarified that scheme will come into effect from 01st February 2021 and Companies which have obtained orders of Hon’ble NCLT under section 252 of Companies Act, 2013 dated between 01 December 2020 and 31 December 2020 are requested to approach the concerned jurisdictional ROCs along with copy of NCLT order, challan copy towards payment of cost as imposed by Hon’ble NCLT to avail the benefit of the scheme and/to mark the company’s status from ‘Strike off’ to ‘Active’.

Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 5 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 6 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 7

Further, it is advised that stakeholders shall approach the ROCs at the earliest and shall not wait till the last date to avoid last minute rush and any hardships in filing documents on the MCA 21 portal.

Announcement is available at the link: http://mca.gov.in/

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Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 8 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 9 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 10

An Announcement in respect of the scheme, has also been hosted on the ICAI website. Link for the same is given below: https://icai.org/post/scheme-for-condonation-of-delay-for- companies-restored-on-the-register-of-companies

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 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of CompaniesClarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies notification can be accessed from below –

https://www.icai.org/resource/62884clcgc300121a.pdf

Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 11 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 12 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 13 Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 14

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Jai Hind, Vande Mataram
Team CA Study

Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies 15

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