Scheme of Fast Track Exit Mode for non-operating companies, Govt. India


Ministry

Ministry Of Corporate Affairs

Description

This scheme is introduced for giving opportunity to non-operating companies for getting their names struck off from the records of Ministry of Corporate Affairs. FTE is an easy mode of closing non-operating companies at a cheaper cost with fewer formalities as compared to earlier schemes for the exit of non-operating companies

Sponsored By

Central Government of India

Objective

To facilitate easy exit for nonoperating companies

Eligibility

The following conditions should be fulfilled to avail the benefits under this scheme

  1. Companies which are not operating or not carrying on any business for the last one year from date of application or
  2. Companies which are not operating or not carrying on any business since incorporation andHowever, all companies which want to apply shall have ‘active’or ‘dormant’status on MCAportal.
  3. Company having nil assets & liability.

Beneficiaries

Benefits

NSIC assistance

How To Apply

A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.

Contact to

1. To the nearest office of the National Small Industries Corporation, with full details and justification. Or

2. Contact: Economic Adviser, Ministry of Corporate Affairs (MCA).

Status

Active

Sector

Corporate Affairs



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