Extension of LLP Settlement Scheme, 2020

Quick Summary
The Ministry of Corporate Affairs has announced an extension for the LLP Settlement Scheme, 2020. Due to the significant disruptions caused by the COVID-19 pandemic, the scheme will now be available until 31st December 2020. All other terms and conditions of the original scheme remain in effect.

General Circular No. 31/2020

F. No. 17/61/2016-CL-V-Pt.I
Government of India
Ministry of Corporate Affairs

5th Floor, ‘A’ Wing, Shastri Bhawan,
Dr. R. P. Road, New Delhi
Dated: 28th September, 2020

To

The DGCoA,

All Regional Directors,

All Registrar of Companies,

All Stakeholders.

Subject: Extension of LLP Settlement Scheme, 2020

Sir/ Madam,

In continuation to this Ministry’s General Circular No. 13/2020 dated 30.03.2020, in view of large scale disruption caused by the COVID-19 pandemic and after due examination, it has been decided to extend aforesaid scheme till 31st December, 2020. All other requirements provided in the said circular shall remain unchanged.

2. This issues with the approval of the competent authority.

Yours faithfully,

(KMS Narayanan)
Assistant director (policy)

Copy forwarded for information to:-1. e-governance section and web contents officer to place the circular on MCA website and 2. Guard file.

FAQ :

The LLP Settlement Scheme, 2020 is a scheme offered by the Ministry of Corporate Affairs.

Yes, the LLP Settlement Scheme, 2020 has been extended.

The scheme has been extended until 31st December 2020.

The extension is in response to the large-scale disruption caused by the COVID-19 pandemic.

No, all other requirements provided in the original circular remain unchanged.

 

Guest
Notification No : General Circular No. 31/2020
Published in Corporate Law
Source : http://www.mca.gov.in/Ministry/pdf/GeneralCircularNo.31_28092020.pdf

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