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Form FTE- Application for striking off the name of company under the Fast Track Exit (FTE) Mode

Note:

1. Kindly note that E-form FTE has been withdrawn w.e.f 26th December,2016. Accordingly, e-form FTE is no longer available for “Fresh” filings (Resubmissions are allowed) on the MCA21 portal. The corresponding e-form under the companies act,2013 i.e., STK-2 is under development and would be deployed in sometime. Stakeholders are requested to plan accordingly

2. Instructions are not provided for the fields which are self-explanatory

3. If the space within any of the fields is not sufficient to provide all the information, then additional details can be provided as an optional attachment to the eForm.

S. No. Detailed Instructions
Please note the following:

  • This Form can be filed only by an Active company or by a dormant company or by company marked as defaulting.
  • There shall be fixed filling fees of Rs.5000/- for filing Form FTE.
  • Filing of any other eForm shall not be allowed by a company for which work item of eForm FTE is pending.
  • Upon approval of this Form, status of the company shall be changed to ‘Struck off’ from the register of companies.
  • Refer General Circular no. 36/2011 dated 7th June, 2011 in respect of Fast Track Exit available on the MCA portal under the head ‘Circulars’ of main head ‘Acts, Bills & Rules’ Please note any company desirous of getting its name struck off from Registrar of Companies under section 560 shall file Form FTE only. Filing of Form 61 for such purpose shall not be allowed.
Date of Board Resolution Enter the date on which Board has resolved to make an application for striking the name of company off the Register.
1 (a)to Enter

(f)

the Corporate Identity Number (CIN) of the company o You may find CIN by entering existing registration number or name of the company in the ‘Find CIN/GLN’ service at the MCA21 portal Click the “Pre-fill” button.

System will automatically display the name, address of the registered office of the company, email id and date of incorporation of the company. In case there is any change in the email ID, enter the new valid email ID.

 6

 

Enter the number of director(s), Managing Director, manager, secretary of the company as on the date of filing the Form. Based on the number entered here, number of blocks shall be displayed for entering the details. Details of maximum of 12 persons can be provided in the eForm. In case number entered is greater than 12, then only 12 blocks shall be displayed.

It shall be validated that in case there are one or more active signatories existing in the system for the company, then details of all such signatories should be entered.

In case of Director/ Managing Director (Where DIN is available) Enter DIN. Status of DIN should be approved Ensure that the DIN entered is correct and then click the “Pre-fill” button. System will automatically display the name and present residential address of the person. Verify that the details displayed are correct. In case there is any change in the present residential address, enter the new address.

Select the designation of the person.

In case of Director/ Managing Director (Where DIN is not available) and in case of manager, secretary

Enter income-tax PAN or Passport Number in case of Director/Managing Director. In case of Manager or secretary, only Income-tax PAN can be entered.

Enter the name, designation and present residential address of the person.

10 Select whether the application is being digitally signed by Managing Director, director, manager

or secretary of the company. In case of No, copy of physical application duly signed by the director, Managing Director, manager or secretary is mandatory to attach.

It shall be validated that ‘No’ can not be selected in case there are one or more active signatories existing in the system for the company.

13 Enter the details of assets and liabilities as given in the statement of accounts (As per annexure C of the Guidelines).

Field for Secured loans and Public deposits shall be automatically displayed as zero by the system.

Attachments A duly certified statement of account by a chartered accountant in whole-time practice or statutory auditor of the company (As per annexure C of the Guidelines) (Mandatory)

  • Copy of Board resolution showing authorisation given for filing this application (Mandatory)
  • Affidavit (to be given individually by director(s)) (As per annexure A of the Guidelines) (Mandatory)
  • Indemnity bond (to be given individually or collectively by director(s) (As per annexure B of the Guidelines) (Mandatory)
  • In case application is not digitally signed by the company representative, physical copy of application duly signed by the director, Managing Director, manager or secretary authorised by the Board of Directors (Mandatory in case ‘No’ selected in field 10)
  • Copy of no objection certificate (NOC) from concerned administrative Ministry/
    • Department/ State Government (Mandatory in case of a Government company)
  • Any other information can be provided as an optional attachment
Verification In case ‘Yes’ is selected in field 10, it is mandatory to enter the serial number and date of board resolution authorising the signatory to sign and submit the eForm.
Signature In case ‘Yes’ is selected in field 10, eForm should be digitally signed by the following:

Managing director or director or manager or secretary of the company authorised by the board of directors

Designation In case ‘Yes’ is selected in field 10-

Select the designation of the person digitally signing the eForm.

Enter the DIN in case the person digitally signing the eForm is a director.

Enter income-tax PAN in case the person signing the eForm is a manager.

Enter membership number or income-tax PAN in case the person digitally signing the eForm is a secretary.

Certification The eForm should be certified by a chartered accountant (in whole-time practice) or cost accountant (in whole-time practice) or company secretary (in whole-time practice) by digitally signing the eForm.

Select the relevant category of the professional and whether he/ she is an associate or fellow.

In case the professional is a chartered accountant (in whole-time practice) or cost accountant (in whole-time practice), enter the membership number. In case the practicing professional is a company secretary (in whole-time practice), enter the certificate of practice number.

Common Instruction Kit

Buttons Particulars
Pre-fill When the user clicks the Pre-fill button after entering the corporate identity number in eForm (excepting eForm 1A), the name and address is displayed by the system.

This button may appear more than once in eForm, and shall be required to be clicked for displaying the data pertaining to that field.

You are required to be connected to the internet for pre-filling.

Attach You have to click the attach button corresponding to the document you are making an attachment.

In case you wish to attach any other document, please click the optional attach button.

Remove attachment You can view the attachments added to eForm in the rectangle box provided next to the list of attachment. If the user wants to remove or delete any attachment, select the attachment to be removed and press the “Remove attachment” button.
Check Form Once the form is filled up. The user is required to press the Check Form button. When this button is pressed form level validation is done such as, Whether all the mandatory fields are filled up or not.

If an error is displayed after pressing the button the user is required to correct the mistake and again press the “Check Form” button. When all the form level validation is done. A message is displayed that “Form level pre scrutiny is successful”. The Check Form is done without being connected to the internet.

Modify “Modify” button gets enabled after the check form is done. By pressing this button the user can make the changes in the filled in form. If the user makes any change in the form again the user is required to press the “Check Form” button.
Pre scrutiny Once the check form is done the user is required to Pre scrutinize the eForm. This requires being connected to the MCA21 site for uploading the form. On pre-scrutiny the system level check is performed and if there are any errors it is displayed to the user and once the error is corrected and again on Pre scrutiny if the message displayed is “No errors found.  Click on the  button  below to “Get

Form”. Press the Get Form button and make the required corrections.

Note: before pressing Submit button attach the digital signature by clicking on the box appearing on the signature field

Submit After pre scrutiny is done the user is required to submit the form. This requires being connected to the MCA21 site for uploading the form.

In case of online filing the user can submit the form by pressing the “Submit” button

Once the form is submitted the fee is displayed to the user. When the user press the “Pay” button the mode of payment option is displayed. On challan payment option, a challan is generated displaying the amount of fee to be paid. The user is required to take the print out of three copies of challan and submit the payment at authorized bank branch. The user has to submit three copies at bank and user shall receive one copy with bank acknowledgment for user’s record.

Country code The list of country code required to be mentioned in the form are as follows:

Note: User is advised to refer to eForm specific instruction kit.

List of ISO Country Code

Country Name Country Code Country Name Country Code
AFGHANISTAN AF LIBERIA LR
ÅLAND ISLANDS AX LIBYAN ARAB JAMAHIRIYA LY
ALBANIA AL LIECHTENSTEIN LI
ALGERIA DZ LITHUANIA LT
AMERICAN SAMOA AS LUXEMBOURG LU
ANDORRA AD MACAO MO
ANGOLA AO MACEDONIA, THE FORMER YUGOSLAV REPUBLIC OF MK
ANGUILLA AI MADAGASCAR MG
ANTARCTICA AQ MALAWI MW
ANTIGUA AND BARBUDA AG MALAYSIA MY
ARGENTINA AR MALDIVES MV
ARMENIA AM MALI ML
ARUBA AW MALTA MT
AUSTRALIA AU MARSHALL ISLANDS MH
AUSTRIA AT MARTINIQUE MQ
AZERBAIJAN AZ MAURITANIA MR
BAHAMAS BS MAURITIUS MU
BAHRAIN BH MAYOTTE YT
BANGLADESH BD MEXICO MX
BARBADOS BB MICRONESIA, FEDERATED STATES OF FM
BELARUS BY MOLDOVA, REPUBLIC OF MD
BELGIUM BE MONACO MC
BELIZE BZ MONGOLIA MN
BENIN BJ MONTENEGRO ME
BERMUDA BM MONTSERRAT MS
BHUTAN BT MOROCCO MA
BOLIVIA BO MOZAMBIQUE MZ
BOSNIA AND HERZEGOVINA BA MYANMAR MM
BOTSWANA BW NAMIBIA NA
BOUVET ISLAND BV NAURU NR
BRAZIL BR NEPAL NP
BRITISH INDIAN OCEAN TERRITORY IO NETHERLANDS NL
BRUNEI DARUSSALAM BN NETHERLANDS ANTILLES AN
BULGARIA BG NEW CALEDONIA NC
BURKINA FASO BF NEW ZEALAND NZ
BURUNDI BI NICARAGUA NI
CAMBODIA KH NIGER NE
CAMEROON CM NIGERIA NG
CANADA CA NIUE NU
CAPE VERDE CV NORFOLK ISLAND NF
CAYMAN ISLANDS KY NORTHERN MARIANA ISLANDS MP
CENTRAL AFRICAN REPUBLIC CF NORWAY NO
CHAD TD OMAN OM
CHILE CL PAKISTAN PK
CHINA CN PALAU PW
CHRISTMAS ISLAND CX PALESTINIAN TERRITORY, OCCUPIED PS
COCOS (KEELING) ISLANDS CC PANAMA PA
COLOMBIA CO PAPUA NEW GUINEA PG
COMOROS KM PARAGUAY PY
CONGO CG PERU PE
CONGO, THE DEMOCRATIC

REPUBLIC OF THE

CD PHILIPPINES PH
COOK ISLANDS CK PITCAIRN PN
COSTA RICA CR POLAND PL
COTE D’IVOIRE CI PORTUGAL PT
CROATIA HR PUERTO RICO PR
CUBA CU QATAR QA
CYPRUS CY REUNION RE
CZECH REPUBLIC CZ ROMANIA RO
DENMARK DK RUSSIAN FEDERATION RU
DJIBOUTI DJ RWANDA RW
DOMINICA DM SAINT BARTHELEMY BL
DOMINICAN REPUBLIC DO SAINT HELENA SH
ECUADOR EC SAINT KITTS AND NEVIS KN
EGYPT EG SAINT LUCIA LC
EL SALVADOR SV SAINT MARTIN MF
EQUATORIAL GUINEA GQ SAINT PIERRE AND MIQUELON PM
ERITREA ER SAINT VINCENT AND THE GRENADINES VC
ESTONIA EE SAMOA WS
ETHIOPIA ET SAN MARINO SM
FALKLAND ISLANDS (MALVINAS) FK SAO TOME AND PRINCIPE ST
FAROE ISLANDS FO SAUDI ARABIA SA
FIJI FJ SENEGAL SN
FINLAND FI SERBIA RS
FRANCE FR SEYCHELLES SC
FRENCH GUIANA GF SIERRA LEONE SL
FRENCH POLYNESIA PF SINGAPORE SG
FRENCH SOUTHERN TERRITORIES TF SLOVAKIA SK
GABON GA SLOVENIA SI
GAMBIA GM SOLOMON ISLANDS SB
GEORGIA GE SOMALIA SO
GERMANY DE SOUTH AFRICA ZA
GHANA GH SOUTH GEORGIA AND THE SOUTH SANDWICH ISLANDS GS
GIBRALTAR GI SPAIN ES
GREECE GR SRI LANKA LK
GREENLAND GL SUDAN SD
GRENADA GD SURINAME SR
GUADELOUPE GP SVALBARD AND JAN MAYEN SJ
GUAM GU SWAZILAND SZ
GUATEMALA GT SWEDEN SE
GUERNSEY GG SWITZERLAND CH
GUINEA GN SYRIAN ARAB REPUBLIC SY
GUINEA-BISSAU GW TAIWAN TW
GUYANA GY TAJIKISTAN TJ
HAITI HT TANZANIA, UNITED REPUBLIC OF TZ
HEARD ISLAND AND MCDONALD ISLANDS HM THAILAND TH
HOLY SEE (VATICAN CITY STATE) VA TIMOR-LESTE TL
HONDURAS HN TOGO TG
HONG KONG HK TOKELAU TK
HUNGARY HU TONGA TO
ICELAND IS TRINIDAD AND TOBAGO TT
INDIA IN TUNISIA TN
INDONESIA ID TURKEY TR
IRAN, ISLAMIC REPUBLIC OF IR TURKMENISTAN TM
IRAQ IQ TURKS AND CAICOS ISLANDS TC
IRELAND IE TUVALU TV
ISLE OF MAN IM UGANDA UG
ISRAEL IL UKRAINE UA
ITALY IT UNITED ARAB EMIRATES AE
JAMAICA JM UNITED KINGDOM GB
JAPAN JP UNITED STATES US
JERSEY JE UNITED STATES MINOR OUTLYING ISLANDS UM
JORDAN JO URUGUAY UY
KAZAKHSTAN KZ UZBEKISTAN UZ
KENYA KE VANUATU VU
KIRIBATI KI VENEZUELA, BOLIVARIAN REPUBLIC OF VE
KOREA, DEMOCRATIC PEOPLE’S REPUBLIC OF KP VIET NAM VN
KOREA, REPUBLIC OF KR VIRGIN ISLANDS, BRITISH VG
KUWAIT KW VIRGIN ISLANDS, U.S. VI
KYRGYZSTAN KG WALLIS AND FUTUNA WF
LAO PEOPLE’S DEMOCRATIC REPUBLIC LA WESTERN SAHARA EH
LATVIA LV YEMEN YE
LEBANON LB ZAMBIA ZM
LESOTHO LS ZIMBABWE ZW

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