Easy Exit Scheme exclusions bar listed, delisted, not for profit, vanishing companies and those with inspections, prosecutions or outstanding dues. The Easy Exit Scheme, 2011 disqualifies specified companies from the simplified exit route: listed and delisted companies, not for profit companies, vanishing companies, entities under inspection or investigation or with prosecutions pending, companies subject to statutory orders or stays, those facing non compoundable prosecutions, companies with outstanding public deposits or secured loans, companies with management disputes, and companies with unpaid dues to tax, banks, financial institutions or government authorities.
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 exclusions bar listed, delisted, not for profit, vanishing companies and those with inspections, prosecutions or outstanding dues.
The Easy Exit Scheme, 2011 disqualifies specified companies from the simplified exit route: listed and delisted companies, not for profit companies, vanishing companies, entities under inspection or investigation or with prosecutions pending, companies subject to statutory orders or stays, those facing non compoundable prosecutions, companies with outstanding public deposits or secured loans, companies with management disputes, and companies with unpaid dues to tax, banks, financial institutions or government authorities.
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