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Companies Fresh Start Scheme, 2020 – One Time Relief of Defaults

September 16, 2020[2020] 119 154 (Article)
Raising a step ahead towards ease of doing business, Ministry of Corporate Affairs (MCA) has come up with various compliance relaxations to provide relief to companies. “Companies Fresh Start Scheme (CFSS-2020)” was introduced on 30th March, 2020 to make good of any filing default, and make a fresh start as a plenarily licitly/ fully legally compliant entity.
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