Defunct Company

This query is : Resolved 

04 August 2010 A closedly held Public Company ceased its distribution of Pharma company from January,1998 and they had filed Annual Return, Balance Sheet till 31st March, 1997. All four Directors are not in touch with each other (one in Dubai). There are assets or liabilities.

How to file application under EES 2010?
1. Have they ceased to be Directors after 3 years? 2. Can they sign as Directors?
3.How the erstwhile Directors can give Indemnity?

Can anybody suggest the modalities to file application under EES 2010 scheme?

04 August 2010 The existing directors can give the indemnities as required under the EES. However, the roc may require the company to file the old returns (balance sheet and annual report).

It would be advisable to contact the ROC office and take their guidance also.

04 August 2010 visit this link
https://www.taxguru.in/company-law/mca-introduces-easy-exit-scheme-2010-under-section-560-of-the-companies-act-1956.html

or this https://www.caclubindia.com/articles/company-law-settlement-scheme-easy-exit-scheme-2010--6421.asp

for details

04 August 2010 Can anybody suggest the modalities? Open

04 August 2010 Visit the links mentioned.

You need to give indemnity bond, affidavit from all directors, board resolution for filing EES and accounts as aon a date.

04 August 2010 I understand the queriest has raised an additional point. I would still suggest that ROC should be consulted before filing the papers.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
Featured 18 July 2026
CA Articleship

apricus india

Mumbai

CA Inter

View Details