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        Companies Law

        Para 2 - “Simplified Exit Scheme, 2005”

        Simplified Exit Scheme, 2005
        Chapter 01

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        Strike-off of defunct companies via a simplified exit scheme enables administrative removal from the companies register. The Simplified Exit Scheme, 2005 provides a streamlined administrative procedure to remove defunct companies from the Register of Companies under section 560 of the Companies Act, 1956, and the Ministry issues directions implementing the Scheme, superseding earlier circulars and schemes.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Strike-off of defunct companies via a simplified exit scheme enables administrative removal from the companies register.

                                The Simplified Exit Scheme, 2005 provides a streamlined administrative procedure to remove defunct companies from the Register of Companies under section 560 of the Companies Act, 1956, and the Ministry issues directions implementing the Scheme, superseding earlier circulars and schemes.


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