21 July 2011
Sir, MCA has published a list of defaulters and our company is one among them. We would like to apply under fast track exit mode to srike off our company.Is it mandatory that before applying we need to file balance sheet and profit and loss account to remove from defaulter list and then file application under fast track exit mode.
21 July 2011
Yes., u can file form under FTE mode and no need file Balance sheet.,
Any company, which has not filed its statutory documents i.e. Balance Sheet and Annual Return for any of the financial year 2006-07, 2007-08, 2008-09 and 2009-10, has been identified as defaulting company. Directors of such companies are debarred from filing any document till they make the default good. Such defaulting companies can apply under FTE.
but The company applying under FTE should not have any asset and liability.
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