The Ministry of Corporate Affairs ( MCA ) on Monday notified the extension for defaulting LLP to file belated documents under LLP Settlement Scheme, 2020 till Nov. 30, 2020.
The Government issued this notification due to the prevailed COVID-19 pandemic, in continuation of the Ministry’s General Circular No. 13/2020 dated March 30, 2020, and in General Circular No. 31/2020 dated September 28, 2020, the scheme was extended till 31st December 2020.
“it has been decided to extend the date on applicability to defaulting LLP and therefore, in serial number 3, para 8A, sub-para (iii) of the said circular dated 30.03.2020, belated documents due for filing till 30th November 2020 shall be substituted. All other requirements provided in the said circulars shall remain unchanged,” the MCA notified.
The General Circular No. 13/2020 dated 30.03.2020, the serial number 3, para 8A, sub-para (iii) says that any defaulting LLP is permitted to file belated documents which were due for filing till 31st August 2020 in accordance with the provisions of the scheme
If a statement of account and solvency for the financial year 2019-2020 has been signed beyond the period of six months from the end of the financial year but not later than 30th November 2020, the same shall not be deemed as non-compliance, it added.
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