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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Defunct Companies Can Dissolve Under Reintroduced Easy Exit Scheme, 2011-Exclusions Apply, File by January 31, 2011.</h1> The Easy Exit Scheme, 2011, reintroduced by the Ministry of Corporate Affairs, allows defunct companies registered under the Companies Act, 1956, to strike off their names from the Register of Companies. Effective from January 1 to January 31, 2011, the scheme targets inoperative companies seeking dissolution. Exclusions include listed companies, those under investigation, and those with unresolved financial obligations. Eligible companies must file Form EES, 2011 electronically, accompanied by affidavits, indemnity bonds, and financial statements. The Registrar of Companies will review applications and, if compliant, proceed with dissolution after a 30-day notice period for objections.