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India Business Bulletin (November 2020)

In light of the disruption caused by the COVID-19 pandemic, the Ministry of Corporate Affairs has decided to extend the dates for undertaking filings by LLPs for belated documents. By way of the extension, if a statement of account and solvency of an LLP for financial year 2019-2020 has been signed beyond the period of six months from the end of the financial year but not later than 30 November 2020, then the same shall not be deemed as non-compliance.

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