One time condonation of LLP filing delays enables regularisation with capped late fees and immunity from prosecution. The Central Government's LLP Settlement Scheme, 2020 permits defaulting LLPs to regularise overdue filings due up to 31 October 2019 by paying a nominal additional fee (subject to a cap) alongside the standard filing fee for specified forms (Form 3, Form 4, Form 8, and Form 11), and grants immunity from prosecution by the Registrar for defaults regularised under the scheme; LLPs that have applied for striking off are excluded and Registrars will proceed with enforcement against non participating defaulters after the scheme ends.
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Provisions expressly mentioned in the judgment/order text.
One time condonation of LLP filing delays enables regularisation with capped late fees and immunity from prosecution.
The Central Government's LLP Settlement Scheme, 2020 permits defaulting LLPs to regularise overdue filings due up to 31 October 2019 by paying a nominal additional fee (subject to a cap) alongside the standard filing fee for specified forms (Form 3, Form 4, Form 8, and Form 11), and grants immunity from prosecution by the Registrar for defaults regularised under the scheme; LLPs that have applied for striking off are excluded and Registrars will proceed with enforcement against non participating defaulters after the scheme ends.
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