Ministry of Corporate Affairs on March 04, 2020 vide General Circular No. 6/2020 has announced LLP Settlement Scheme-2020-reg. ("Scheme") to give relief to the Limited Liability Partnerships (LLPs) which have defaulted in filing of certain LLP forms with the Registrar of Companies. Link to access the said circular is http://www.mca.gov.in/Ministry/pdf/GeneralCircular06_04032020.pdf. This article is written with an intention to answer frequently asked questions in relation to the sa..
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 for the members. Q. 1. What is LLP Settlement Scheme, 2020? A. 1. “LLP Settlement Scheme, 2020″ is a scheme to give a Onetime relaxation in additional fees to the defaulting LLPs to make good their default by filing pending documents viz. Form Nos 3, 4, 8 and 11 and to serve as..