Quick Answer
7 min read|Updated: Mar 21, 2026|Published: Apr 26, 2020
Companies Fresh start scheme 2020 COVID 19 has brought in some major changes to way compliance happen in the country this the best chance to get all the compliance in order
The penalty for not Fling of RoC Returns/Annual Returns is running from Rs 100 per day perform imagine if the compliance has not been done for 2 years or 3 years, the penalty would be very steep
CFSS 2020 was launched by the Ministry of Corporate Affairs is a blessing for all companies how have not filed or defaulting companies to file belated Documents and Returns without any additional fees and immunity from Prosecution
Company Fresh Start Scheme 2020.
Applicability of the Companies Fresh start scheme 2020
Any company which has made default in ROC related compliances can make use of this scheme which shall be applicable from 01st of April, 2020 to 30th of September, 2020. The list comprises a total of 76 forms out of which 10 forms relate to Companies Act,1956 and 12 forms relate to LLP and remaining 54 forms relate to Companies Act,2013.
CA V. Viswanathan
FCA | ACS | CFE | IBBI Registered Valuer (IBBI/RV/03/2019/12333)
Chartered Accountant and IBBI Registered Valuer with 15+ years of experience in business valuation, FEMA compliance, GST litigation, and forensic auditing. Has valued 500+ companies across SaaS, manufacturing, healthcare, and fintech sectors. Expert witness before NCLT, ITAT, and High Courts.
