Extension of LLP Settlement Scheme 2020


Extension of LLP Settlement Scheme 2020

The MCA had also introduced a new scheme known as the LLP Settlement Scheme, 2020 which was valid from 01.04.2020 to 13.06.2020 and was later extended till 30.09.2020. The Scheme has been further extended to 31.12.2020 to enable LLPs to make good their previous defaults.

General Circular No.31/2020

F.No 17/61/2016-CL-V-Pt.I
Government of India
Ministry of Corporate Affairs

5th Floor, ‘A’ Wing, Shastri Bhawan,
Dr. R.P. Road, New Delhi
Dated: 28th September 2020

To
The DGCoA
Regional Directors,
Registrar of Companies,
Stakeholders

Subject : Extension of LLP Settlement Scheme, 2020

Sir/ Madam,

In continuation to this Ministry’s General Circular No. 13/2020 dated 30.03.2020, in view of the large scale disruption caused by the COVID -19 pandemic and after due examination, it has been decided to extend the aforesaid scheme till 31st December 2020. All other requirements provided in the said circular shall remain unchanged.

2. This issues with the approval of the competent authority.

Yours faithfully,

(KMS Narayanan)
Assistant Director (policy)

Tags:  Company Laws


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