Extension of period of CLLS AND EES

palak (cs) (385 Points)

27 August 2010  

LETTER FROM ICSI

 

 

Dear Professional Colleague,

 

The MCA has vide General Circular No: 1/2010 and 2/2010 dated 26.05.2010 issued the Company Law Settlement Scheme (CLSS) and Easy Exit Scheme (EES) respectively. The scheme will be in operation till 31st August, 2010.

 

We have been given to understand from some of our members that many companies are still willing to avail this scheme but have not been able to do so till date.

 

In view of the importance of the two schemes and its resulting impact on the companies and the Registrar, we have taken up the matter with the Ministry of Corporate Affairs requesting to extend the period of the two schemes by another 30 days.    

We hope that the MCA will consider our request positively.