23 April 2011
A company having a paidup capital of Rs.15 lacs has not been carrying on the business for the last 5 years ( from 2007 ). It has not annual accounts and returns for the last 5 years. 1. Is it required to file the annual accounts and annula returns for all the years if the company want to go for Easy exit scheme ?
2. Is it required to obtain Compliance certificate from a company secretery for the all the five years ( if the company go for easy exit scheme ) ?
23 April 2011
No need to file old accounts and compliance certificates. Only following is to be filed:
'The Company shall also file a Statement of Account annexed at Annexure C, prepared as on date not prior to more than one month preceding the date of filing of application in Form EES, 2011, duly certified by a statutory auditor or Chartered Accountant in whole time practice, as the case may be.'
24 April 2011
Sorry, You cannot work on probabilities in a matter like this. If a work has to be done it should be done now, otherwise opportunity may be lost.
CAclubindia
