Question : ONE TIME SETTLEMENT SCHEME



(a) whether the Government proposes to introduce one time settlement scheme involved in petty violations of company laws like self disclosure of income scheme;

(b) if so, the details thereof;

(c) the number of such companies at present, State-wise;

(d) the nature of concessions/ relaxation of the said scheme likely to be given to these companies; and

(e) the time by which the said scheme is likely to be implemented?

Answer given by the minister

MINISTER OF COMPANY AFFAIRS (SHRI PREM CHAND GUPTA)

(a) No such scheme is presently proposed for introduction by the Government.

(b) to (e) Do not arise.