{"id":6215,"date":"2020-05-08T20:35:37","date_gmt":"2020-05-08T15:05:37","guid":{"rendered":"https:\/\/carajput.com\/blog\/?p=6215"},"modified":"2021-12-01T17:24:05","modified_gmt":"2021-12-01T11:54:05","slug":"everything-about-mca-company-fresh-start-scheme-cfss-2020","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/everything-about-mca-company-fresh-start-scheme-cfss-2020\/","title":{"rendered":"all about MCA Company Fresh Start Scheme (CFSS) 2020"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e552087f7a9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e552087f7a9\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/everything-about-mca-company-fresh-start-scheme-cfss-2020\/#Everything_about_MCA_Company_Fresh_Start_Scheme_CFSS_2020\" title=\"Everything about MCA Company Fresh Start Scheme (CFSS) 2020\">Everything about MCA Company Fresh Start Scheme (CFSS) 2020<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/everything-about-mca-company-fresh-start-scheme-cfss-2020\/#Last_9_Days_to_Avail_CFSS_Scheme_%E2%80%93_Save_ROC_Huge_Penalty_via_Availing_the_Scheme\" title=\"Last 9\u00a0Days to Avail\u00a0CFSS Scheme &#8211; Save ROC Huge Penalty via Availing the Scheme\">Last 9\u00a0Days to Avail\u00a0CFSS Scheme &#8211; Save ROC Huge Penalty via Availing the Scheme<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/everything-about-mca-company-fresh-start-scheme-cfss-2020\/#Benefits_to_Avail_in_Companies_Fresh_Start_Scheme\" title=\"Benefits to Avail in Companies Fresh Start Scheme\">Benefits to Avail in Companies Fresh Start Scheme<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/everything-about-mca-company-fresh-start-scheme-cfss-2020\/#How_you_Can_help_Yourself_to_Make_the_Most_of_This_Opportunity\" title=\"How you Can help Yourself to Make the Most of This Opportunity?\">How you Can help Yourself to Make the Most of This Opportunity?<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/everything-about-mca-company-fresh-start-scheme-cfss-2020\/#New_Update_of_the_Companys_Annual_Filing_Date_and_time\" title=\"New Update of the Company&#8217;s Annual Filing Date and time\">New Update of the Company&#8217;s Annual Filing Date and time<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<pre><a style=\"font-family: Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif;\" href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/05\/The-Companies-Fresh-Start-Scheme-CFSS.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-6216\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/05\/The-Companies-Fresh-Start-Scheme-CFSS.jpg\" alt=\"www.carajput.com;MCA Company fresh start scheme,2020\" width=\"809\" height=\"404\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/05\/The-Companies-Fresh-Start-Scheme-CFSS.jpg 680w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2020\/05\/The-Companies-Fresh-Start-Scheme-CFSS-300x150.jpg 300w\" sizes=\"(max-width: 809px) 100vw, 809px\" \/><\/a><\/pre>\n<p><span style=\"color: #ffffff;\">www.carajput.com; MCA Company fresh start scheme,2020<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Everything_about_MCA_Company_Fresh_Start_Scheme_CFSS_2020\"><\/span><span style=\"color: #000080;\">Everything about MCA Company Fresh Start Scheme (CFSS) 2020<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.mca.gov.in\/Ministry\/pdf\/Circular12_30032020.pdf\">The Ministry of Corporate Affairs released Company Fresh Start Scheme 2020 full Circular 12\/2020 dated.. 30.3.2020<\/a> which applies to both public and private corporations incorporated under the Companies Act 1956\/2013.<\/p>\n<p>The key provisions are as follows:-(1) Permits to register all outstanding refunds, accounts, records over any amount of years.<\/p>\n<p>(2) It shall come into force on 1.4.2020 and shall remain in effect until 30 September 2020.<\/p>\n<p>(3) It shall extend to all <a href=\"https:\/\/carajput.com\/blog\/tag\/public-limited-company\/\">public<\/a> or private entities who have not submitted any financial statements or records, including tax reports, for any amount of years as of the date of filing.<\/p>\n<p>(4) Only the usual payments as they prevail on the date of filing shall be payable.<\/p>\n<p>(5)No late charge, no fine, no investigation instead of regular fees owed.<\/p>\n<p>(6) Prosecution where any outstanding is disposed of after payment<\/p>\n<p>(7) The scheme shall not apply to those companies against which the final notice under section 248 has been given to <a href=\"https:\/\/www.legalpillers.com\/services\/roc-compliances-of-pvt-ltd-opc\/\">ROC<\/a> for cancelation or which have applied for cancelation or have been declared dormant; vanishing or dormant company or <a href=\"https:\/\/carajput.com\/blog\/process-of-company-registration-in-india\/\">companies<\/a> under CIRP.<\/p>\n<p>(8) Companies who have canceled their names can not benefit from this scheme and must have their names restored;<\/p>\n<p>(9) Companies that make use of this scheme for the purpose of becoming inactive under Section 455 and also (ii) deleting their names<\/p>\n<p>(10) After payment of the usual fees and the return of documents has been registered, an application shall be lodged electronically (without any fees) for the purposes of this scheme.<\/p>\n<p>(11)Scheme grants immunity from filing forms and returns of records, but not from any disciplinary action by the organization for which <a href=\"https:\/\/www.legalpillers.com\/services\/roc-compliances-of-pvt-ltd-opc\/\">ROC<\/a> may be necessary.<\/p>\n<p>It is a prime opportunity to register any remaining annual reports, plus any overdue annual returns, for any amount of years.<\/p>\n<p>More Read:<\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/learn\/avail-companies-fresh-start-scheme-2020.html\">Avail of Company Fresh Start Scheme, 2020<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/kkey-takeaways-about-the-tcs-on-lrs-applicability\/\">Key takeaways about the TCS on LSR Applicability<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/learn\/benefits-of-start-ups-under-the-startup-india-scheme.html\">Benefits of startups under the startup India scheme<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/learn\/sebi-introduces-onetime-settlement-scheme-sebi-settlement-scheme-2020.html\">SEBI introduces onetime settlement scheme SEBI settlement scheme-2020<\/a><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Last_9_Days_to_Avail_CFSS_Scheme_%E2%80%93_Save_ROC_Huge_Penalty_via_Availing_the_Scheme\"><\/span><span style=\"color: #ff0000;\"><strong>Last 9\u00a0Days to Avail\u00a0CFSS Scheme &#8211; Save ROC Huge Penalty via Availing the Scheme<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000080;\"><strong><u>Revive Your Struck-Off Company\/Restoration of DIN\u00a0<\/u><\/strong><\/span><\/p>\n<p>If our company has been struck off due to noncompliance to meet the Companies Act, norms &amp; you want to restart your company without paying heavy penalties to the MCA then this is an update for you.<\/p>\n<p><span style=\"color: #000080;\"><strong><u>Take Advantage of CFSS, 2020 for Revival of Company<\/u><\/strong><\/span><\/p>\n<p>The Companies Fresh Start Scheme, 2020 or CFSS is brought by the Ministry of Corporate Affairs (MCA). The scheme is valid only till 30 September 2020 and offers companies struck off from RoC a one time opportunity of applying for condonation of their failure to comply with the Compliance norms (delay of filling the required different documents, returns, forms, etc. with the ROC). Let\u2019s understand the advantage offered required under this scheme,<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Benefits_to_Avail_in_Companies_Fresh_Start_Scheme\"><\/span><span style=\"color: #000080;\"><strong><u>Benefits to Avail in Companies Fresh Start Scheme<\/u><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>The revival of any struck-off company with a complete fee waiver in compliance post Revival up to 30th September&#8217;2020<\/li>\n<li>An immunity period of 6 months (with Immunity Certificate) for the company from the date of closure of CFSS, 2020 i.e., 30 September 2020.<\/li>\n<li>The aforesaid companies will only have to pay the usual normal fees specified by Company Rules, 2014 to file for the MCA-21 registry.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"How_you_Can_help_Yourself_to_Make_the_Most_of_This_Opportunity\"><\/span><span style=\"color: #000080;\"><strong><u>How you Can help Yourself to Make the Most of This Opportunity?<\/u><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>So, if your company is struck off and you want to complete your compliance without paying heavy penalties, then wait no more as only one month is remaining before the CFSS scheme ends.<\/p>\n<ul>\n<li>Don\u2019t let this chance slip!<\/li>\n<li>Make the most of this scheme, Enquire\u2018Today\u2019 to know more about CFSS, 2020.<\/li>\n<li><span style=\"color: #000000;\"><b>Non-Compliant Companies are heavily penalized by the Ministry of Corporate Affairs. Directors have advised a cautious approach towards running the company or it may lead to prosecution as well as monetary punishment.<\/b><\/span><\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"New_Update_of_the_Companys_Annual_Filing_Date_and_time\"><\/span><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/12\/AOC.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-11170 aligncenter\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/12\/AOC.jpg\" alt=\"\" width=\"819\" height=\"614\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/12\/AOC.jpg 731w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/12\/AOC-300x225.jpg 300w\" sizes=\"(max-width: 819px) 100vw, 819px\" \/><\/a><span style=\"color: #00ff00;\">New Update of the Company&#8217;s Annual Filing Date and time<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/download-56.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-10557\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/download-56.jpg\" alt=\"\" width=\"814\" height=\"322\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/download-56.jpg 306w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2018\/05\/download-56-300x119.jpg 300w\" sizes=\"(max-width: 814px) 100vw, 814px\" \/><\/a><\/p>\n<p>Defaulting companies that have failed to file ROC returns can now use CFSS 2020 and start afresh. Protection from all penalties and late charges is assured. Once a life &#8211; time of chance granted by the MCA.<\/p>\n<p>Rush to execute your pending ROC annual filing presently. The deadline for the implementation of the CFSS 2020 scheme is 31 December 2020.<\/p>\n<p>The ROC annual filing forms, such as DIR 3 KYC, AOC 4. MGT 7, ADT 1, PAS 6, LLP form 8, LLP form 11, MGT 14 etc. has been extended CFSS 2020 &amp; LLP Settlement Scheme to 31.03.2021<\/p>\n<p><span style=\"color: #000080;\"><strong>Read our Articles:<\/strong><\/span><\/p>\n<ul>\n<li><a href=\"https:\/\/carajput.com\/blog\/top-govt-scheme-launched-for-the-public-national-benefits\/\">Govt. scheme Launched for Public and National Benefits<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/blog\/important-updates-on-the-reduction-compliance-obligation-under-atmanirbhar-scheme\/\">Reduction in compliances of the obligation under Atmanirbhar Scheme<\/a><\/li>\n<li><a href=\"https:\/\/carajput.com\/learn\/everything-you-need-to-know-about-sidbi-loan-schemes.html\">Everything You need to know about SIDBI Loan Scheme<\/a><\/li>\n<\/ul>\n<pre><em>Post by <a href=\"https:\/\/carajput.com\/\">Rajput Jain &amp; Associates <\/a><\/em><\/pre>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>www.carajput.com; MCA Company fresh start scheme,2020 Everything about MCA Company Fresh Start Scheme (CFSS) 2020 The Ministry of Corporate Affairs released Company Fresh Start Scheme 2020 full Circular 12\/2020 dated.. 30.3.2020 which applies to both public and private corporations incorporated under the Companies Act 1956\/2013. The key provisions are as follows:-(1) Permits to register all &hellip;<\/p>\n","protected":false},"author":1,"featured_media":6216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[258],"tags":[8669,8671,8672,8670],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/6215"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=6215"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/6215\/revisions"}],"predecessor-version":[{"id":19331,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/6215\/revisions\/19331"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media\/6216"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=6215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=6215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=6215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}