MCA relaxes the timeline for filing forms under Companies Act and LLPs Act

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The Ministry of Corporate Affairs through Circular dated 03.05.2021, in view of the Second wave of Covid-19, has relaxed the timeline for filing forms under Companies Act and LLPs Act. The companies and LLPs can file forms due on the period between April 1 to 31st May till 31st July, 2021 without paying additional fees. This relaxation is not applicable for filing Form CHG-1, CHG-4 and CHG-9.

MCA has also provided through notification that while calculating the due date for creation and modification of charges by filing CHG-1 and CHG-9, if the due date falls between April 1 to 31st May, the period between April 1 and 31st May shall not be reckoned. 

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