https://www.taxtmi.com/acts?id=14738 The Simplified Exit Scheme allows eligible companies to exit the Register after meeting scheme requirements; filing an application suspends penal action from the filing date while the scheme operates. After the scheme ends, the Ministry will take penal measures under the Companies Act against defunct or non-compliant companies that did not avail the exit or failed to file required documents. en-us Tue, 07 Jun 2011 10:54:09 +0530 Tue, 07 Jun 2011 10:54:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14738 The Simplified Exit Scheme allows eligible companies to exit the Register after meeting scheme requirements; filing an application suspends penal action from the filing date while the scheme operates. After the scheme ends, the Ministry will take penal measures under the Companies Act against defunct or non-compliant companies that did not avail the exit or failed to file required documents. Act-Rules Companies Law Tue, 07 Jun 2011 10:54:09 +0530 https://www.taxtmi.com/acts?id=14738