Companies Fresh Start Scheme (CFSS), 2020


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The Companies Fresh Start Scheme (CFSS), 2020, introduced by the Ministry of Corporate Affairs, offers Indian companies a chance to clear past compliance defaults. It allows defaulting companies to file pending annual returns and other required documents by paying only the normal fee, waiving substantial additional fees. This scheme, active from April 1st to September 30th, 2020, provides immunity from prosecution for certain violations upon completion of filings. It's particularly beneficial for inactive companies looking to regularise their status or proceed with dormancy or strike-off applications.

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FAQ on CFSS 2020 #docx
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