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    <title>Simplification of Procedure for Removal of Name of Defunct Companies (Simplified Exit Scheme) - Corrigendum to General Circular No: 13/2003 dated 25.3.2003</title>
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    <description>The corrigendum supplies a standardized Indemnity Bond requiring directors of a defunct company to swear an affidavit that the company has no assets or liabilities, is not and will not carry on business, and to request the Registrar to strike the company&#039;s name; directors jointly and severally undertake to pay and settle all lawful claims, indemnify persons for losses arising from striking off, and discharge liabilities that may surface after removal, with signature, witnesses and Registrar acceptance as the procedural formality.</description>
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    <pubDate>Wed, 09 Apr 2003 00:00:00 +0530</pubDate>
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      <title>Simplification of Procedure for Removal of Name of Defunct Companies (Simplified Exit Scheme) - Corrigendum to General Circular No: 13/2003 dated 25.3.2003</title>
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      <description>The corrigendum supplies a standardized Indemnity Bond requiring directors of a defunct company to swear an affidavit that the company has no assets or liabilities, is not and will not carry on business, and to request the Registrar to strike the company&#039;s name; directors jointly and severally undertake to pay and settle all lawful claims, indemnify persons for losses arising from striking off, and discharge liabilities that may surface after removal, with signature, witnesses and Registrar acceptance as the procedural formality.</description>
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