https://www.taxtmi.com/news?id=1776 The Ministry authorises accepting EES applications for defunct companies where prosecutions are solely for non-filing if a compounding application is filed or undertaken, with final strike-off only after disposal of the compounding application; it confirms that liabilities and asset distribution remain governed by law. Certificates from practising accountants or company secretaries may be accepted to verify present directors instead of separate director filings, and indemnity bonds and affidavits are required, with foreign nationals and NRIs to notarize as per their country's law. en-us Fri, 08 Apr 2011 15:55:21 +0530 Fri, 08 Apr 2011 15:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1776 The Ministry authorises accepting EES applications for defunct companies where prosecutions are solely for non-filing if a compounding application is filed or undertaken, with final strike-off only after disposal of the compounding application; it confirms that liabilities and asset distribution remain governed by law. Certificates from practising accountants or company secretaries may be accepted to verify present directors instead of separate director filings, and indemnity bonds and affidavits are required, with foreign nationals and NRIs to notarize as per their country's law. News - Fri, 08 Apr 2011 15:55:21 +0530 https://www.taxtmi.com/news?id=1776