LLP Settlement Scheme 2020

On 5th March, 2020, the Centre introducedLLP Settlement Scheme 2020 to help non-compliant Limited Liability Partnership(LLP) firms turn compliant and enable ease of doing business for such entities.

Key Features of the Scheme

  • It provides a one-time relaxation in additional fee to the defaulting LLPs by allowing filing of pending documents and help them serve as a compliant LLP in future.
  • The scheme came into force on March 16, 2020 and will remain in force up to June 13, 2020.
  • It would be applicable to a “defaulting LLP” for filing documents, which were due for filing till October 31, 2019, on payment ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy May 2020 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Public Policy