MCA has extended all the timelines to 30.12.2020 which were expiring on 30.09.2020 w.r.t matters mentioned in below table:
|Sr No.||Particulars||Brief Description||Notification/Circular date||Date||Impact of Circulars|
|1||Companies Fresh Start Scheme, 2020 extended till 31.12.2020||The Ministry of Corporate Affairs earlier introduced scheme known as the Companies Fresh Start Scheme, 2020, valid from 01.04.2020 to 30.09.2020 to enable companies to make good their previous defaults. This Scheme has now been extended till 31.12.2020.||General Circular No. 30/2020||28/09/2020||
The prevailing pandemic crisis had made difficult for companies to Comply on time the statutory requirements. Thus giving above relaxation is a welcome move.
|2||LLP Settlement Scheme 2020 extended to 31.12.2020||MCA earlier introduced a scheme known as the LLP Settlement Scheme, 2020 which was valid from 01.04.2020 to 13.06.2020 and was later extended till 30.09.2020. The Scheme has now extended to 31.12.2020 to enable LLPs to make good their previous defaults.||General Circular No. 31/2020||28/09/2020|
|3||Relaxation for filing Charge related forms extended till 31.12.2020||Time for forms related to creation or modification of charges under the Companies Act, 2013 extended till 31.12.2020.
|General Circular No. 32/2020||28/09/2020
|4||Time for conducting EGMs through VC or OAVM extended till 31.12.2020||In continuation of the extensions being given for compliance relaxations earlier announced, MCA has extended the time period up to which companies can conduct their board meetings through VCs or Other Audio Visual Mechanism for all items of business to 31.12.2020.||General Circular No. 33/2020||28/09/2020
|5||Time for registration of Independent Directors extended to 31.12.2020||
MCA has extended the time within which Independent Directors of companies have to register themselves on the databank maintained by the IICA from 30.09.2020 to 31.12.2020.