Posts Tagged 'Section 560'

Easy Exit Scheme, 2011 – Extended

Wednesday, February 9th, 2011 No Commented
Under: Statutory Matters

Ministry had introduced a Scheme namely, “Easy Exit Scheme, 2011″ under Section 560 of the Companies Act, 1956 to give an opportunity to the defunct companies, for getting their names struck off from the Register of Companies. The said scheme was in operation from 1st January, 2011 to 31st January, 2011. Now, it has been [...]

How to shut down a private limited company in India?

Friday, September 17th, 2010 No Commented
Under: Statutory Matters

Here are the procedures for shutting down a private limited company in India. 1. Up-to-date returns (viz., Annual Return and Balance sheet) has to be filed with Registrar of Companies (ROC) 2. A statement of account has to be prepared one month prior to the submission of application u/s 560 stating that no assets and [...]