MCA’s New Scheme for Condonation of Delay

MCA’s New Scheme for Condonation of Delay

Ministry of Corporate Affairs has issued a circular. As per the circular, Scheme for condonation of delay for companies restored on the register of companies between 1st December, 2020 and 31st December, 2020.

Now, the scheme shall be applicable from 1st February, 2021. While the last date for filing of any overdue e- form by such companies under the scheme shall be 31st March, 2021.

The scheme shall be applicable in respect of whom the appeal filed under Section 252 of the Companies Act, 2013, with the respective National Company Law Tribunal (NCLT) Bench for the restoration of the name of the company was disposed of between 1st December,2020 and 31st December, 2020.

Further, every company shall be required to pay normal filing fees under the companies (Registration Offices and Fees) Rules, 2014 on the date of filing and no additional fees shall be payable for the forms for which the scheme is applicable.

Click here for official circular:

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