Can Any one Tell " Company Law settlement Scheme 2010 " is Applicable to Foriegn Company ?
4 Replies
Ashish Sharma
(Service)
(1028 Points)
Replied 10 June 2010
Yes, it is applicable for foreign company
find below circular of MCA
Attached File : 17 circularclss 27may2010.pdf downloaded: 196 times
vivek
(CS)
(751 Points)
Replied 10 June 2010
The definition says everything in Para 3 (II)(b), which is as below:-
(b) "company" means a company registered under the Companies Act, 1956 and a foreign company falling under, section 591 of the Act;
Regards,
khushboo
(CS)
(234 Points)
Replied 10 June 2010
well the defination of company itself say that it is applicable to foreign company
Definitions - In this Scheme, unless the context otherwise
requires, -
(a) "Act" means the Companies Act, 1956 (1 of 1956);
(b) "company" means a company registered under the
Companies Act, 1956 and a foreign company falling under
section 591 of the Act;
(c) "defaulting company” means a company registered under
the Companies Act, 1956 and a foreign company falling under
section 591 of the Act, which has made a default in filing of
documents on the due date(s) specified under the Companies
Act, 1956 and rules made there under;
(d) "designated authority" means the Registrar of Companies
having jurisdiction over the registered office of the company.
Rahul Gupta
(Project Controller ACA MBA(Fin.))
(8019 Points)
Replied 10 June 2010
Check out this article for more information
/articles/bumper-offer-from-mca-for-defaulting-companies-5778.asp
Regards
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