Easy Exit Scheme 2011
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 January 2011
Please tell me in case of easy exit scheme if there is loan from directors of company in liabiliti side is standing will it be ok for the scheme? and if creditors are there and they admit that they are waiving the loan then will it do? please suggest with any circulars or notification.
Jayashree S Iyer
(Expert)
13 January 2011
On the Liabilities side if loan from directors or payment to creditors is due, get waiver letter or NOC from the creditors / directors and attach it to the application under EES 2011.
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