EES,2010 scheme is available only for Defunct co.., as our company is not functioning for last one year..whether we can also apply for scheme???
COMPANY WINDING UP
Ashish shah (C.A.Student) (89 Points)
04 March 2011Ashish shah (C.A.Student) (89 Points)
04 March 2011
EES,2010 scheme is available only for Defunct co.., as our company is not functioning for last one year..whether we can also apply for scheme???
Sidharth Iyer
(Company Secretary)
(30 Points)
Replied 04 March 2011
The answer is NO.
Reason:
A company can go for winding up under EES, 2011 which is in force from January but the said company has to be incorporated before the year 2002.
Definition of Defunct Company is Company registered under the companies act which is not carrying over any business activity or operation on or after 1st April 2008 and includes a company which has not raised its paid up capital as provided in Section 3(3) and (4) of companies Act.
For further Info on the same, you can thru the guidelines attahced with this message as provided by MCA so that you can have a clarity of thought