Is there a way to avoid the late fees and still initiate the strike off procedure ?
Also, anyone aware if another amnesty scheme is in the pipeline?
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Quick Summary
This discussion addresses the late filing of ROC Form 8/11 for LLPs in 2020. Unfortunately, there is no current amnesty scheme or legal way to avoid late fees. The consensus is that compliance is necessary, and filing as soon as possible is recommended to prevent escalating penalties. For the completed financial year, an audited balance sheet is required, and for any subsequent odd period, a certified statement of affairs from a practicing CA is needed, confirming no existing assets or bank balances.
Better to file as early as possible, otherwise addl fee will go on increasing on daily basis. for completed FY, file audited b/s and for further odd period u hv to file statement of affairs duly certified by practicing ca and make sure there should not be any bank account or cash balance or assets existing in S/A.
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