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        Companies Law

        Modification to LLP Scheme 2020

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        LLP settlement scheme: defaulting LLPs may file belated documents with ordinary fees and obtain immunity from prosecution. The modified LLP Settlement Scheme permits defaulting LLPs to file belated documents due up to 31st August, 2020 by paying ordinary filing fees via MCA-21, with no additional fees, and grants immunity from prosecution for defaults rectified by 30th September, 2020; the scheme excludes LLPs that have applied for striking off under Form 24 and defines key terms.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                LLP settlement scheme: defaulting LLPs may file belated documents with ordinary fees and obtain immunity from prosecution.

                                The modified LLP Settlement Scheme permits defaulting LLPs to file belated documents due up to 31st August, 2020 by paying ordinary filing fees via MCA-21, with no additional fees, and grants immunity from prosecution for defaults rectified by 30th September, 2020; the scheme excludes LLPs that have applied for striking off under Form 24 and defines key terms.


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