Company Law : Section 560, of the Companies Act, 1956, deals with strike off provisions of a defunct company. Any defunct company desirous to st...
Corporate 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 Ministr...
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...
Company Law : The Ministry of Corporate Affairs had decided to introduce a Scheme namely, ‘Easy Exit Scheme, 2011’ under Section 560 of the ...
Company Law : Any defunct company desirous of getting its name struck off from the Register under Section 560 of the Companies Act, 1956 shall ...
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Company Law : THE government on Friday introduced a scheme that will facilitate easy exit for unlisted companies willing to wind up their defunc...
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Company Law : Proposed guidelines for strike off name u/section 560 of the Companies Act, 1956 of companies (non profit companies) which have be...
Company Law : In order to provide regular route for fast track exit by defunct company, for getting its name struck off from the register of com...
Company Law : In order to give an opportunity to the defunct companies, for getting their names strike off from the Register of Companies, the M...
Company Law : It has been observed that certain companies have been registered under the Companies Act, 1956, but due to various reasons some of...
Company Law : In order to give an opportunity to the defunct companies, for getting their names struck off from the Register of Companies, the M...
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.
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 Companies
As and when any person goes for starting any business, a question arise in his mind what form of business is to start i.e. whether sole proprietor ship, partnership or a company. Those who want to save themselves from legal obligations of the ROC, MCA or CLB opt for either sole proprietorship or partnership.
Ministry of Corporate Affairs (MCA), Government of India has on 26 May 2010 introduced Easy Exit Scheme, 2010 (EES) 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 (ROC). The salient features of the scheme are as under:
Q. What is Easy Exit Scheme (EES), 2010? A. “Easy Exit Scheme, 2010” 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.
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).
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.
