RoC J&K discusses Ministry of Corporate Affairs’ schemes with stakeholders

Jammu: In a series of events, Registrar of Companies(RoC) UT of J&K and UT of Ladakh- Cum- Official Liquidator attached to the High Court of J&K, Syed Haamid Bukhari in a webinar/video Conference with stakeholders & members of ICSI and ICAI local chapters discussed the Ministry of Corporate Affairs recently launched schemes “Companies Fresh Start Scheme, 2020 and ” LLP Settlement Scheme 2020″.
The purpose of this exercise was to increase the outreach among relevant stakeholders & create awareness about the progressive initiatives taken by Ministry of Corporate Affairs. It is the third subsequent event organized by RoC. The meeting was held online in view of the outbreak of Covid 19 in accordance with the social distancing norms issued by the Government of India.
Such schemes are first of its kind opportunities to make good any filing related defaults and make a fresh start as a fully compliant entity. These schemes incentives compliances and reduces compliance burden during unprecedented health crisis caused by COVID 19.
The RoC asked stakeholders that details of both the schemes may be perused from the circulars issued by Ministry of Corporate Affairs, Government of India.