18 March 2011
Company is not doing any business operations since 2007. It is filing all statutory returns till today. latest balance sheet is showing losses.Can under these conditions co. apply under Easy Exit 2011?
Following Companies can apply under EES 2011 for striking off its name from register of Registrar of Companies:-
1. Companies which are not operating or not carrying on any business since incorporation; or 2. Companies which have stopped operating on or before 1st April 2008. 3. Companies which have not raised it paid up capital to iminimum Rs.1Lac in case of Private limited Company and iiRs. 5 Lac in case of Public Limited Company. However, all companies which want to apply shall have ‘active’ status on MCA portal.