This article is written with an intention to answer frequently asked questions in relation to the said scheme.
The LLP Settlement Scheme 2020 was issued by the Ministry of Corporate Affairs, Government of India. Here is the list of FAQs released by ICAI for a better understanding of the LLP Settlement Scheme, 2020 for the members.
Surrender of Insurance Policy means to cash of life insurance policy before benefits are dur to be paid. The Surrender Value of an Insurance Policy is the amount given to the insured at a time, when he is unable to pay premium related to Insurance Policy.
Clarification regarding filing of forms in registry MCA-21 by IRP or RP or liquidator
Forms to be pre-certified by professionals as per Companies Act 2013
LLP Settlement Scheme 2020 was notified by MCA on the 4th of March 2020. Under the LLP Settlement Scheme, 2020 LLPs will be given a three-month window to complete the overdue filing of four forms. The LLP Settlement Scheme 2020 aims to allow one-time condonation of delay in filing statutory documents.
CARO 2020 - Change in Reporting with Change in Vision
This article contains various Compliance requirements under Statutory Laws. Compliance means "adhering to rules and regulations."
Appointment of auditor - A Complete Overview
The Ministry of Corporate Affairs (MCA) has notified the Indian Institute of Corporate Affairs (IICA) at Manesar (Haryana), as an institute to create and maintain a data bank containing names, addresses and qualifications of persons who are eligible and willing to act as independent directors
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