Easy Exit Scheme allows defunct companies a limited window to apply for striking off from the company register. Re-launch of the Easy Exit Scheme, 2011 under Section 560 establishes a limited, time-bound procedure for dormant or defunct companies that have failed to comply with filing obligations to apply for striking off from the Register of Companies. The Scheme, following a 2010 iteration, is intended to permit administrative removal without full winding-up and is effective from 1 January 2011 to 31 January 2011.
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.
Easy Exit Scheme allows defunct companies a limited window to apply for striking off from the company register.
Re-launch of the Easy Exit Scheme, 2011 under Section 560 establishes a limited, time-bound procedure for dormant or defunct companies that have failed to comply with filing obligations to apply for striking off from the Register of Companies. The Scheme, following a 2010 iteration, is intended to permit administrative removal without full winding-up and is effective from 1 January 2011 to 31 January 2011.
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