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    <title>Fast Track Scheme under section 560 of the Companies Act - Waiving of the requirement for obtaining certificate from various authorities</title>
    <link>https://www.taxtmi.com/circulars?id=11109</link>
    <description>The circular permits directors of companies that have been inactive since incorporation or for a long period to use sworn affidavits (sworn before a Magistrate or a Notary Public with seal) and a prescribed indemnity bond in place of tax and excise clearance certificates when applying under the Fast Track Scheme for striking off the company&#039;s name under section 560; model affidavit and indemnity bond forms set out directors&#039; declarations, asset/liability disclosures, undertakings to indemnify third parties and signature/witness requirements, and the Scheme&#039;s period is extended by one month.</description>
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    <pubDate>Thu, 16 Nov 2000 00:00:00 +0530</pubDate>
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      <title>Fast Track Scheme under section 560 of the Companies Act - Waiving of the requirement for obtaining certificate from various authorities</title>
      <link>https://www.taxtmi.com/circulars?id=11109</link>
      <description>The circular permits directors of companies that have been inactive since incorporation or for a long period to use sworn affidavits (sworn before a Magistrate or a Notary Public with seal) and a prescribed indemnity bond in place of tax and excise clearance certificates when applying under the Fast Track Scheme for striking off the company&#039;s name under section 560; model affidavit and indemnity bond forms set out directors&#039; declarations, asset/liability disclosures, undertakings to indemnify third parties and signature/witness requirements, and the Scheme&#039;s period is extended by one month.</description>
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      <pubDate>Thu, 16 Nov 2000 00:00:00 +0530</pubDate>
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