Authored by Adit N Bhuva & Sri Vidhya Kumar

Brief background:

The Ministry of Corporate Affairs, had on 30^th March 2020, introduced Companies Fresh Start Scheme 2020, to provide companies with an opportunity to make good any filing related defaults, irrespective of duration of default and make a fresh start as a fully compliant company.

The Scheme was in force from 1^st April 2020 till 30^th September 2020 and further extended to 31^st December 2020.

The details of the Scheme can be accessed in http://eshwars.com/blog/opportunity-to-file-delayed-belated-returns-with-registrar-of-companies/.

Application for immunity:

The Companies which had filed belated returns/forms with the ROC under this Scheme, are required to file a form CFSS-2020, in order to get immunity from any prosecution or penalties for filing belated returns with ROC.

Time limit for filing the form CFSS-2020:

The Companies which had filed belated returns/forms with the ROC under this Scheme, has to file the form CFSS-2020 before 30^th June 2021.