section 560

How to close / Wind Up / Strike off Company name

Company Law - Section 560, of the Companies Act, 1956, deals with strike off provisions of a defunct company. Any defunct company desirous to strike off its name from the register of Registrar of company can apply in Form FTE for strike off its name from the register maintained by ROC as per Guidelines for ‘FAST TRACK EXIT MODE’ issued vide General...

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Summary of Guidelines for Fast Track Exit mode for defunct companies under section 560 of the Companies Act, 1956

Company Law - In order to give an opportunity for fast track exit by a defunct company for getting its name struck off from the ROC, the Ministry Corporate Affairs (MCA), Government of India (GOI) has on 7 June 2011 decided vide General Circular No.36/2011 to modify the existing route through e-form – 61 and has prescribed the 'Fast Track Exit mode G...

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FAQs on Easy Exit Scheme, 2011

Company Law - What is Easy Exit Scheme (EES), 2011? “Easy Exit Scheme, 2011” is a scheme to give opportunity to the defunct companies to get their names struck off from the register under Section 560 of the Companies Act, 1956. ...

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Easy Exit Scheme, 2011 Extended for Another Three Months

Company Law - The Ministry of Corporate Affairs had decided to introduce a Scheme namely, ‘Easy Exit Scheme, 2011’ under Section 560 of the Companies Act, 1956 for the period 01.01.2011 to 31.01.2011, in order to give an opportunity to the defunct companies, for g...

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Easy Exit Scheme, 2011- Key Highlights

Company Law - Any defunct company desirous of getting its name struck off from the Register under Section 560 of the Companies Act, 1956 shall make an application (accompanied by filing fee of Rs. 3000) in Form EES, 2011, electronically on the Ministry of Corpora...

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Govt planning to relax exit norms for not-for-profit companies

Company Law - Government is planning to relax exit norms for not-for-profit companies to allow them to de-register without having to follow cumbersome regulations. The Ministry has been receiving representation from various stakeholders to develop a procedure for strike off name under section 560 of the Companies Act, 1956 of companies (non-profit comp...

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Easy Exit Scheme 2010 provides easy exit to defunct companies

Company Law - THE government on Friday introduced a scheme that will facilitate easy exit for unlisted companies willing to wind up their defunct business. A defunct company is one whose business is lying in a dormant state. The new scheme will give such companies an opportunity to get their names struck off from the Register of Companies(RoC)....

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Proposed procedure to strike off name u/s 560 of Companies Act, 1956 of section 25 Companies

F.No.17/178/2011-CL-V - (29/06/2011) - Proposed guidelines for strike off name u/section 560 of the Companies Act, 1956 of companies (non profit companies) which have been granted license u/s 25 of Companies Act, 1956 By 15th July - The Ministry has been receiving representation from various stakeholders to develop a procedure for strike...

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MCA Guidelines for Fast Track Exit mode for defunct companies under section 560 of the Companies Act, 1956

General Circular No. 36/2011 - (07/06/2011) - In order to provide regular route for fast track exit by defunct company, for getting its name struck off from the register of companies, Ministry of Corporate Affairs (MCA) has decided to modify the existing route through e-form 61 and has introduced Fast Track Exit mode for defunct companies unde...

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Press Note 04/02/2011 – Easy Exit Scheme, 2011

PRESS RELEASE 1/2011 - (04/02/2011) - In order to give an opportunity to the defunct companies, for getting their names strike off from the Register of Companies, the Ministry had decided to introduce a Scheme namely, “Easy Exit Scheme, 2011” under Section 560 of the Companies Act, 1956 ...

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Easy Exit Scheme, 2011

General Circular No. 6/2010 - (03/12/2010) - It has been observed that certain companies have been registered under the Companies Act, 1956, but due to various reasons some of them are inoperative since incorporation or commenced business but became inoperative later on and are not filing their due documents timely with the Registrar of Compan...

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MCA Introduces Easy Exit Scheme 2010 Under Section 560

General Circular No. 2/2010 - (26/05/2010) - In order to give an opportunity to the defunct companies, for getting their names struck off from the Register of Companies, the Ministry of Corporate Affairs has decided to introduce a Scheme namely, ‘Easy Exit Scheme, 2010’ under Section 560 of the Companies Act, 1956....

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Recent Posts in "section 560"

How to close / Wind Up / Strike off Company name

Section 560, of the Companies Act, 1956, deals with strike off provisions of a defunct company. Any defunct company desirous to strike off its name from the register of Registrar of company can apply in Form FTE for strike off its name from the register maintained by ROC as per Guidelines for ‘FAST TRACK EXIT MODE’ issued vide General...

Read More

Govt planning to relax exit norms for not-for-profit companies

Government is planning to relax exit norms for not-for-profit companies to allow them to de-register without having to follow cumbersome regulations. The Ministry has been receiving representation from various stakeholders to develop a procedure for strike off name under section 560 of the Companies Act, 1956 of companies (non-profit comp...

Read More
Posted Under: Company Law |

Proposed procedure to strike off name u/s 560 of Companies Act, 1956 of section 25 Companies

F.No.17/178/2011-CL-V (29/06/2011)

Proposed guidelines for strike off name u/section 560 of the Companies Act, 1956 of companies (non profit companies) which have been granted license u/s 25 of Companies Act, 1956 By 15th July - The Ministry has been receiving representation from various stakeholders to develop a procedure for strike off name under section 560 of the Compa...

Read More

Summary of Guidelines for Fast Track Exit mode for defunct companies under section 560 of the Companies Act, 1956

In order to give an opportunity for fast track exit by a defunct company for getting its name struck off from the ROC, the Ministry Corporate Affairs (MCA), Government of India (GOI) has on 7 June 2011 decided vide General Circular No.36/2011 to modify the existing route through e-form – 61 and has prescribed the 'Fast Track Exit mode G...

Read More

MCA Guidelines for Fast Track Exit mode for defunct companies under section 560 of the Companies Act, 1956

General Circular No. 36/2011 (07/06/2011)

In order to provide regular route for fast track exit by defunct company, for getting its name struck off from the register of companies, Ministry of Corporate Affairs (MCA) has decided to modify the existing route through e-form 61 and has introduced Fast Track Exit mode for defunct companies under section 560 of the Companies Act, 1956...

Read More

FAQs on Easy Exit Scheme, 2011

What is Easy Exit Scheme (EES), 2011? “Easy Exit Scheme, 2011” is a scheme to give opportunity to the defunct companies to get their names struck off from the register under Section 560 of the Companies Act, 1956. ...

Read More
Posted Under: Company Law |

Press Note 04/02/2011 – Easy Exit Scheme, 2011

PRESS RELEASE 1/2011 (04/02/2011)

In order to give an opportunity to the defunct companies, for getting their names strike off from the Register of Companies, the Ministry had decided to introduce a Scheme namely, “Easy Exit Scheme, 2011” under Section 560 of the Companies Act, 1956 ...

Read More

Easy Exit Scheme, 2011 Extended for Another Three Months

The Ministry of Corporate Affairs had decided to introduce a Scheme namely, ‘Easy Exit Scheme, 2011’ under Section 560 of the Companies Act, 1956 for the period 01.01.2011 to 31.01.2011, in order to give an opportunity to the defunct companies, for g...

Read More
Posted Under: Company Law |

Easy Exit Scheme, 2011- Key Highlights

Any defunct company desirous of getting its name struck off from the Register under Section 560 of the Companies Act, 1956 shall make an application (accompanied by filing fee of Rs. 3000) in Form EES, 2011, electronically on the Ministry of Corpora...

Read More
Posted Under: Company Law |

Easy Exit Scheme, 2011 – One more Opportunity to Defunct Companies

Ministry of Corporate Affairs (MCA), Government of India had introduced Easy Exit Scheme, 2010 under the Companies Act, 1956 (the Act) to provide a fast track exit for defunct companies to get their names struck off from the records of the Register of Companies....

Read More
Posted Under: Company Law |
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