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COMPANIES FRESH START SCHEME 2020 & LLP SETTLEMENT SCHEME, 2020 “NO ADDITIONAL FEES WILL BE CHARGED FOR FILLING AND IMMUNITY WILL BE PROVIDED TO THE OFFICERS OF THESE DEFAULTING COMPANIES UPTO 30th SEPTEMBER, 2020” The Ministry of Corporate Affairs (‘MCA’) has introduced “COMPANIES FRESH START SCHEME 2020” (CFSS-2020) and LLP SETTLEMENT S......
Dear Professional Colleagues, The Companies (Amendment) Act, 2017 amended the definition of subsidiary company or subsidiary. In section 2, in clause (87), in sub-clause (ii), for the words “total share capital”, the words “total voting power” shall be substituted. http://www.nfcg.in/UserFiles/THE-COMPANIES-AMENDMENT-ACT-2017.pdf Revised clause read as under: (87) "sub......