25 November 2013
There are two main criteria regarding applying for fast track exit of a Company:- (a) The company applying under FTE should not have any asset and liability; (b) The company should not have commenced any business activity or operation since incorporation or at least one year must has been passed since last business activity or operation.
By the above stated we under that we need to submit a NIL balance sheet (statement of accounts duly certified by CA/ Auditor)of the Company applying for fast track exit, Can any of the learned members send a specimen copy or format of such statement of accounts for reference along with the following documents for fast track exit of a Pvt Ltd: I. an affidavit, II. an indemnity bond and III. copy of board resolution showing authorization for filing the form.