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Easy Exit Scheme

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 January 2011 Company having losses on one side and unsecured loans from Directors & equity capital on other side, can apply as defunct company under EES 2011. All other eligibility criteria are fulfilled.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
12 January 2011 Easy Exit scheme is available, where compnay is not involve in any transaction since long period.
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Querist : Anonymous

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Querist : Anonymous (Querist)
12 January 2011 Thanks for the reply. Can this company show the losses on one side and capital & unsecured loans from Director/Promoters on other side. OR they should show as NIL balance sheet.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
08 August 2023
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