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    July 18, 2010
    Company Law Settlement Scheme, 2010 and Easy Exit Scheme, 2010 - Launched by the Ministry of Corporate Affairs - Drawing Good Response From the Corpor...
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    All› Corp. Laws, SEBI & IBC › Corp. Laws, SEBI & IBC - 2010 › Corp. Laws, SEBI & IBC - 2010 - July
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    July 18, 2010
    Company Law Settlement Scheme, 2010 and Easy Exit Scheme, 2010 - Launched by the Ministry of Corporate Affairs - Drawing Good Response From the Corporates
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    Company law settlement offers defaulting companies immunity and compliance pathway; easy exit simplifies striking off defunct companies.
    The Company Law Settlement Scheme, 2010 allows defaulting companies to cure non compliance by filing belated documents, paying normal and additional fees, and receiving immunity from prosecution processed through an electronic workflow. The Easy Exit Scheme, 2010 provides a simplified section 560 procedure to strike defunct companies from the register; both schemes operate for a limited period and have attracted multiple applications.

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    All› Corp. Laws, SEBI & IBC › Corp. Laws, SEBI & IBC - 2010 › Corp. Laws, SEBI & IBC - 2010 - July
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