https://www.taxtmi.com/caselaws?id=758466 Delhi HC dismissed petition seeking extension of Companies Fresh Start Scheme 2020 (CFSS 2020) benefits. Court held that exemption notifications must be strictly construed when determining eligibility. The scheme provided benefits only to companies whose restoration orders were passed between 1st December 2020 and 31st December 2020. Since appellant's restoration order fell outside this period, they were ineligible for extended CFSS 2020 benefits. Court emphasized that exemption notifications require strict interpretation regarding eligibility criteria and legislative intent behind such schemes. en-us Mon, 02 Sep 2024 00:00:00 +0530 Sat, 14 Sep 2024 08:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758466 Delhi HC dismissed petition seeking extension of Companies Fresh Start Scheme 2020 (CFSS 2020) benefits. Court held that exemption notifications must be strictly construed when determining eligibility. The scheme provided benefits only to companies whose restoration orders were passed between 1st December 2020 and 31st December 2020. Since appellant's restoration order fell outside this period, they were ineligible for extended CFSS 2020 benefits. Court emphasized that exemption notifications require strict interpretation regarding eligibility criteria and legislative intent behind such schemes. Case-Laws Companies Law Mon, 02 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758466