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    <title>To provide guidance and clarity to the stakeholders MCA has came up with the FAQ’s on FAQs on Companies Fresh Start Scheme (CFSS), 2020 and LLP Modified Settlement Scheme, 2020.</title>
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    <description>The Companies Fresh Start Scheme, 2020 and the LLP Modified Settlement Scheme, 2020 allow one time regularisation of belated statutory filings by companies and LLPs with immunity from prosecution limited to delays in filing specified documents; they provide additional fee waivers for enumerated e forms during the schemes&#039; currency, set procedural requirements for struck off or liquidated entities (including NCLT revival where applicable), do not cure director disqualifications, permit DIR 3 KYC reactivation without the usual fee where directors are not otherwise disqualified, and preserve particular conditionalities (such as condonation requirements for MGT 14 and restrictions on certain charge filings).</description>
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    <pubDate>Sat, 18 Apr 2020 11:30:44 +0530</pubDate>
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      <description>The Companies Fresh Start Scheme, 2020 and the LLP Modified Settlement Scheme, 2020 allow one time regularisation of belated statutory filings by companies and LLPs with immunity from prosecution limited to delays in filing specified documents; they provide additional fee waivers for enumerated e forms during the schemes&#039; currency, set procedural requirements for struck off or liquidated entities (including NCLT revival where applicable), do not cure director disqualifications, permit DIR 3 KYC reactivation without the usual fee where directors are not otherwise disqualified, and preserve particular conditionalities (such as condonation requirements for MGT 14 and restrictions on certain charge filings).</description>
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