Extension of LLP Settlement Scheme, 2020.

To,

The DGCoA,

All Regional Directors,

All Registrars of Companies,

All Stakeholders.

Subject: Extension of LLP Settlement Scheme, 2020.

Sir/Madam,

In continuation to this Ministry’s General Circular No. 13/2020 dated 30.03.2020 and in the General Circular No. 31/2020 dated 28.09.2020 the scheme was extended till 31st December 2020, in view of large scale disruption caused by the COVID-19 pandemic and after due examination, it has been decided to extend the date on applicability to defaulting LLP and therefore, in serial number 3, para 8A, sub-para (iii) of the said circular dated 30.03.2020, belated documents due for filing till 30th November 2020 shall be substituted. All other requirements provided in the said circulars shall remain unchanged.

Related Topic:
Amendment in Section 67 of LLP Act, Section 460 of Companies Act, 2013 is made applicable to Limited Liability Partnerships as well.

2. If a statement of account and solvency for the financial year 2019-2020 has been signed beyond the period of six months from the end of the financial year but not later than 30th November 2020, the same shall not be deemed as non-compliance.

3. This issue with the approval of the competent authority.