Form FTE: Application for striking off name of company under Fast Track Exit Mode

• 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.

(f)

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.

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.

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.

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

• 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

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

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.

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.

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.

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

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.

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

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.

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