EES-2011

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2011 Company is not doing any business operations since 2007. It is filing all statutory returns till today. latest balance sheet is showing losses.Can under these conditions co. apply under Easy Exit 2011?

Aditya Maheshwari

Aditya Maheshwari (Expert)
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18 March 2011 yes u can.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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18 March 2011 Yes you can apply.

Following Companies can apply under EES 2011 for striking off its name from register of Registrar of Companies:-

1. Companies which are not operating or not carrying on any business since incorporation; or
2. Companies which have stopped operating on or before 1st April 2008.
3. Companies which have not raised it paid up capital to iminimum Rs.1Lac in case of Private limited Company and iiRs. 5 Lac in case of Public Limited Company. However, all companies which want to apply shall have ‘active’ status on MCA portal.

For further details see below link---

https://www.caclubindia.com/forum/faq-on-ees-2011--122888.asp

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