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MCA Announces Scheme to Regularize Non-compliances
The Ministry of Corporate Affairs ("MCA") has introduced the Companies Compliance Facilitation Scheme 2026 ("CFSS 2026") on 24th February 2026.
CFSS 2026 gives companies the opportunity to file certain overdue filings at a lower additional fee. This alert summarizes the key aspects of CFSS 2026:
| Particulars |
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| Scope of CFSS 2026 |
- Complete pending annual filings by paying 10% of the total additional fees payable on account of delay
- Get company declared as 'dormant company' by paying half of the normal fees
- Get the company struck-off (closed) by paying 25% of the filing fees
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| Validity of CFSS 2026 |
CFSS 2026 shall come into force on 15th April 2026 and shall remain in force till 15th July 2026
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| Relevant forms covered under CFSS 2026 |
Following forms, which remained overdue, can be filed under CFSS 2026 with lesser fees:
- Annua return [Form MGT-7, MGT-7A]
- Annual Accounts [Form AOC-4, AOC-4 (CFS), AOC-4 NBFC (IndAS), AOC-4 CFS NBFC (IndAS), AOC-4 (XBRL)
- Form pertaining to appointment of auditor [Form ADT-1]
- Annual Accounts by foreign companies [Form FC-3]
- Annual return by foreign companies [Form Fc-4]
- Aforesaid forms under erstwhile Companies Act, 1956
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| Non applicability of CFSS 2026 |
CFSS 2026 shall not be applicable to following companies:
- Companies where final notice for strike-off under Section 248 has been issued by Registrar
- Companies that have already applied for strike-off
- Companies that have already applied for dormant status before the Scheme
- Companies dissolved pursuant to amalgamation
- Vanishing companies
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| Immunity pursuant to filing under CFSS 2026 |
- No penalty shall be leviable if filing is made under CFSS 2026
- For pending filings under erstwhile Companies Act, 1956, immunity would be granted from further penal action if:
- No prosecution has been filed; and
- No show cause notice has been issued before filing under the Scheme
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