In the wake of the COVID-19 and in
order to combat the situation created amidst such threat, the
Government of India, Ministry of Corporate Affairs (MCA) vide its
General Circular No. 6/2020 dated March 4, 2020 had announced the
"LLP Settlement Scheme, 2020" (the
"Original Scheme") whereby MCA allowed a
"one-time condonation of delay in filing statutorily
required documents with the Registrar", including forms
for LLP agreement and forms for filing statutory returns by
LLP's. The Original Scheme has provided a one-time relaxation
in payment of additional fees to the defaulting LLPs to make good
their default by filing pending documents and to serve as a
compliant LLP in future.
Thereafter, to further provide for
relaxations to LLP's and to assist, support and enable LLPs to
focus on taking necessary measures to address the Covid-19 threat
and to reduce their compliance burden, the MCA has, vide
its General Circular No. 13/2020 dated March 30, 2020
("Modified Scheme"
