COMPANIES NOT IN OPERATION HAVE OPTIONS OF AVAILING EASY EXIT SCHEME,2011. BUT FRIENDS I AM SEARCHING FOR SOLUTIONS FOR COMPANIES HAVING SECURED LOAN STILL STANDING THOUGH NOT AT ALL IN OPERATION CAN THEY PURSUE FOR THE SCHEME BY FILING AN AFFIDIVIT (BY THE DIRECTORS)WHO THEREBY ACCEPTING PERSONAL LIABILITY OF REPAYMENT OF THE LOAN STANDING .
Hello!
Co. having secured loans standing in B/S are specifically excluded for availability of EES. So, in ur case it would be preferred first to settle ur loan get the NOC and then apply under EES, 2011.
Regards
NIdhi
Agreed with Nidhi Mam...
Jawahar and Associates Chartered Accountants
Hyderabad
CA Inter
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