Liquidation of Company under Easy Exit Scheme, 2011

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Milap Sunilbhai Kundalia (Querist)
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11 January 2011 My client is having a private limited company formed as on 7th March, 2003. Assessee has filed all the required documents, returns etc time to time till A.Y. 2005 - 2006. Thenafter company has not done any business activity and not filed any returns and rquried documents. One of the two directors was died as on 11th November, 2009. Assessee has not informed this fact to the Registrar of Companies within 30 Days from the date of death.

After studying provisions I came to know that first of all company has to file death certificate and also required to file Form No. 32 for the replacement of deceased director. After filing these documents with ROC, company can be liquidated under EES, 2011.

Am i rite on this fact? and tell me the other procedure to be followed for liquidation under EES, 2011.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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26 January 2011 Yes you are right. For details see below link---
https://www.caclubindia.com/forum/faq-on-ees-2011--122888.asp

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