Amendment to Companies Regulations circulated, with regional office relocation and accounting standards committee tenure extended.
Circulation of three central government notifications: amendment to the Companies Regulations, 1956; relocation of the Regional Director (Northern Region) office from Kanpur to NOIDA (Gautam Budh Nagar); and extension of the tenure of the National Advisory Committee on Accounting Standards under Section 210A of the Companies Act, 1956, forwarded to Regional Directors and Registrars of Companies for information, necessary action, and acknowledgement.

No assets and no liabilities requirement in simplified exit scheme mandates companies satisfy that condition before administrative strike-off.
Regional Directors/ROCs must process prior section 560 applications and adopt a new affidavit clause (Annexure B, 6A) affirming the company "has no assets and no liabilities" as of the affidavit date. The "no assets and no liabilities" condition is mandatory for SES eligibility. Companies deemed defunct remain eligible but must comply with SES filing requirements-including affidavits, accounts and indemnities-before ROC will effect strike-off. Timely-filed applications may be rectified later; residence and identity proofs may be attested by Gazetted Officers or by Chartered Accountants/Company Secretaries, with affidavits as alternatives; section 25 companies are excluded.

Striking off company names: streamlined exit procedure allowing defunct companies to apply for deregistration under section 560.
The Simplified Exit Scheme, 2005 enables eligible defunct companies to apply under section 560 of the Companies Act, 1956 for striking off their names from the Register. Eligibility excludes section 25 companies and imposes special conditions for NBFCs and Collective Investment Management Companies requiring regulatory no-objection where registered. Applications must use prescribed forms, be supported by affidavits declaring absence of assets and liabilities, and include notarized indemnity bonds. Financial documentation varies by operating history; companies with pending non-compoundable prosecutions are ineligible. Striking off is effective from the ROC order and applications attract a prescribed fee.