LLP Settlement Scheme 2020

Last updated: 06 March 2020
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This document outlines the LLP Settlement Scheme 2020, introduced by the Ministry of Corporate Affairs. It offers a one-time opportunity for Limited Liability Partnerships (LLPs) that have defaulted on statutory filings to regularise their compliance. The scheme allows for the filing of pending documents with a reduced additional fee, capped at Rs. 5,000 per document, and provides immunity from prosecution for these defaults. It's particularly useful for LLPs facing financial burdens due to late filing penalties and those wishing to avoid legal action.

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LLP SETTLEMENT SCHEME 2020 #pdf
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Submitted by · Posted 06 March 2020 · Other files by CS Vivek Sharma · Report
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