No blanket extension of Companies Fresh Start Scheme: Ministry of Corporate Affairs

The company affairs ministry will enable late functions for the Companies Fresh Start Scheme (CFSS) on a case-to-case foundation however has dominated out a blanket extension of the scheme regardless of protests outdoors Registrar of Companies (RoC) workplaces throughout the nation looking for an extension, mentioned a authorities official.

Aiming to enhance company compliance, the ministry had launched the CFSS and amended the LLP Settlement Scheme  in March final yr, permitting corporations a one-time condonation for delays in statutory filings.