One-time waiver of additional filing fees enables companies and LLPs to regularise delayed statutory filings and obtain limited immunity.
The Companies Fresh Start Scheme, 2020 and revised LLP Settlement Scheme, 2020 permit companies and LLPs to regularise overdue MCA21 filings during the Schemes' currency without payment of additional filing fees, provide limited immunity from penal proceedings relating solely to delayed filings, extend timelines for compliance and allow extra time to file appeals before Regional Directors, but do not shield entities from substantive violations of law.

Corporate Social Responsibility consultation period extended; submissions must be made only through the designated web portal.
Extension of the public comment period on the draft Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020 to allow additional stakeholder input. Comments must be submitted exclusively through the designated online portal; separate e-mail or hard-copy submissions are not permitted.

Social assistance package expands food security, health worker insurance, cash transfers and worker protections during the pandemic.
The package creates a special insurance scheme covering government health workers treating COVID 19 with lump sum accidental compensation and expands food security by supplying additional free foodgrains and one kilogram of pulses per family for the coming months; it also front loads an existing farmer support instalment, provides monthly cash transfers to women account holders, offers free cooking gas to poor households, grants one time ex gratia payments to vulnerable elderly, widows and disabled persons, increases MNREGA wages, permits provident fund advances to protect low wage organised workers, raises collateral free lending limits for self help groups, and directs states to use construction and district mineral welfare funds for relief and health measures.

Pre-filing consultation via video-conferencing enables informal guidance on filing requirements and Green Channel eligibility.
Pre-filing consultation is available via video-conferencing at the Office of the Regional Director, Registrar of Companies, Mumbai, to provide informal guidance on filing requirements, notice content for proposed combinations, and Green Channel eligibility; parties must follow the Commission's guidance note and expressly request the video-conferencing facility in their PFC application.

Stand Up India Scheme expands targeted bank credit to SC/ST and women entrepreneurs for greenfield enterprises under branch-level eligibility rules.
The Stand Up India Scheme requires each Scheduled Commercial Bank branch to sanction loans to at least one Scheduled Caste or Scheduled Tribe borrower and one woman borrower for greenfield enterprises in manufacturing, services, or trading, within prescribed loan limits; implementation is measured by statewise sanctioned accounts and amounts reported by banks on the standupmitra portal.

Corporate Social Responsibility enforcement: prosecutions and compoundable sanctions proceed while disclosure-based compliance and board governance guide remedies.
Sanction for prosecution has been granted for violations of Corporate Social Responsibility provisions while all CSR offences are compoundable; compounding applications have been filed and some cases compounded. Action is initiated under the Companies Act after examination of records and due process. CSR is board-driven, with the Board empowered to plan and monitor activities on CSR Committee recommendation. Schedule VII lists permissible activities and CSR compliance is disclosure-based, requiring annual filing in the MCA21 registry; policy recommendations from a High-Level Committee are under consideration.

Strategic disinvestment: government to transfer majority stakes and management control in selected public enterprises to private strategic investors.
The Government has granted in-principle approval for privatisation of multiple CPSEs by sale of majority stake and transfer of management control, applying a policy of strategic disinvestment for enterprises outside priority sectors. NITI Aayog is mandated to identify candidates using criteria of national security, sovereign functions at arm's length, and market imperfections or public purpose; the policy aims to enable private strategic investors to bring capital, technology and management efficiencies where competitive markets can better realise economic potential.

Fake currency enforcement strengthened via intelligence coordination, NIA investigation cell, international MoU and enhanced border surveillance.
National data show a declining trend in Fake Indian Currency Notes seizures. The Government has implemented coordinated measures to prevent smuggling and circulation of counterfeit notes, including formation of a FICN Coordination Group for intelligence sharing, establishment of a Terror Funding and Fake Currency Cell in the NIA to investigate terror-funding links, an international Memorandum of Understanding to counter transnational smuggling, and strengthened border security through surveillance technology, additional manpower, observation posts, fencing and intensified patrolling.

Bank amalgamation expands rural banking reach and priority sector lending after public sector consolidation.
The objective of amalgamation of public sector banks is to consolidate PSBs to create stronger banks achieving economies of scale and wider customer offerings. The amalgamation of Vijaya Bank and Dena Bank into Bank of Baroda on 1.4.2019 led to a net increase in branches and rural branches. Post amalgamation, Bank of Baroda reports an increased rural footprint with higher priority sector lending, larger cumulative Kisan Credit Card balances, increased agriculture loan disbursements, and expanded overdraft access to Jan Dhan accounts, reflecting enhanced rural credit outreach.

Corporate Social Responsibility amendment: public consultation invited on draft regulatory rules implementing Companies Amendment Act.
Public comments are solicited on draft amendments to the Companies (Corporate Social Responsibility Policy) Rules, 2014 to operationalize changes under the Companies (Amendment) Act; stakeholders must submit comments only through the designated online portal by the stated deadline and not via email or hard copy.

Nidhi company status update: apply in Form NDH-4 within prescribed timelines or face restricted filings and penalties.
Nidhi companies must apply to the Central Government for updation of status as a Nidhi in Form NDH-4 under amended Companies Act provisions and Nidhi Rules; specified timelines apply based on incorporation date and extensions may be granted by the Regional Director. Non-compliance bars a company from filing Form SH-7 and Form PAS-3 and attracts fines and further penalties for continuing breaches, with officers in default liable; investors are advised to verify notified Nidhi status in the official gazette before investing.

Fund of Funds for Startups channels capital to SEBI registered AIFs to catalyze private investment into startups.
The policy centers on a Fund of Funds for Startups administered by SIDBI and monitored by DPIIT that provides capital to SEBI registered AIFs rather than directly to startups; complementary measures include self certification compliance, a Startup India Hub and portal, fast track patent support, procurement and exit relaxations, and fiscal incentives such as capital gains and startup tax exemptions to catalyze private investment and incubator development.

Condonation of delay in LLP filings: one-time reduced additional fee and immunity from prosecution for specified LLP forms.
The LLP Settlement Scheme, 2020 permits defaulting LLPs to file overdue Form Nos. 3, 4, 8 and 11 on payment of prescribed statutory fees plus an additional per-document fee calculated by a nominal daily rate subject to a per-document cap; it provides immunity from prosecution for defaults regularised within the scheme period and excludes LLPs seeking striking off.

Timely disposal of insolvency proceedings urged to enforce limitation and accelerate CIRP exits for efficient resolutions.
Members of NCLAT and NCLTs must enforce prescribed time limits, limit grounds at admission, and pass reasoned orders within the Limitation Act where parties are within limitation; attention is required in bid evaluation and in recognising six exits from CIRP including pre-admission settlement, post-admission settlement before Committee of Creditors, post-constitution withdrawal mechanisms, resolution plans, liquidation-based exits informed by company law, and outright sale as a whole.

Public consultation extension on Competition Amendment Bill for comments, with submissions required via the official portal only.
Extension of the consultation period for the Competition (Amendment) Bill, 2020 in response to stakeholder requests, with submissions required exclusively through the designated online portal and separate e mail or hard copy submissions disallowed.

Decriminalisation of corporate defaults to remove criminal liability for objectively determinable, non fraudulent breaches, easing compliance.
The Companies (Second Amendment) Bill, 2019 proposes decriminalisation of specific defaults under the Companies Act, 2013 by removing criminal liability where defaults are objectively determinable and do not involve fraud or larger public interest, aiming to reduce load on the criminal justice system and ease compliance for law abiding corporates.

One-time condonation of LLP filing delays lets defaulting LLPs file overdue documents and gain immunity from prosecution.
A one-time condonation of delay allows defaulting LLPs to regularise overdue filings with the Registrar by filing specified forms (Form-3, Form-4, Form-8, Form-11) due up to 31 October 2019, paying a nominal additional fee charged per day up to a maximum per document, and thereby obtaining immunity from prosecution for those defaults if completed within the scheme period.

Formation of Farmer Producer Organisations to scale farmer aggregation and provide multi year promotional support under a central scheme.
A Central Sector Scheme was approved to form and promote a large new cohort of Farmer Producer Organisations, with specified budgetary allocations and a committed liability to provide five years of handholding support to each FPO from its aggregation and formation, implemented by the Department of Agriculture Cooperation and Farmers Welfare with operational engagement from NABARD and other promoters.

Direct Benefit Transfer implementation: multiple government schemes onboarded to central portal to coordinate benefit delivery and stakeholder engagement.
The Direct Benefit Transfer deployment records that a substantial set of central schemes have been onboarded to the DBT Bharat Portal, with scheme details made publicly accessible on the portal; implementation responsibilities remain with respective Ministries/Departments while the DBT Mission coordinates with stakeholders to facilitate effective digital delivery of benefits.

Sustainable Public Procurement: task force to review best practices, inventory national status, draft action plan and recommend priority categories
A task force on Sustainable Public Procurement (SPP) has been constituted to review international best practices, inventory current SPP status across government organisations, draft a Sustainable Procurement Action Plan, and recommend initial product and service categories with specifications for SPP implementation; the task force has held multiple meetings with stakeholders.