Para 2 - Definitions - Easy Exit Scheme, 2011

Definitions 02 (ii) Definitions - In this Scheme, unless the context otherwise requires, - (a) company means a company registered under the Companies Act, 1956; (b) Collective Investment Management Company means the company as defined in clause (h) of sub-regulation of 2 of Securities and Exchange Board of India (Collective Investment Companies) Regulations, 1999; (c) defunct company means a company registered under the Companies Act, 1956 which is not carrying over any business activity or operation on or after the 1st April, 2008 and includes a company which has not raised its paid up capital as provided in sub sections (3) and (4) of section 3 of the Companies Act, 1956; (d) Non-Banking Financial Company means a company as defined under clause (f) of section 45-I of the Reserve Bank of India Act, 1934; (e) Scheme means the Easy Exit Scheme, 2011 (EES, 2011), being specified through this Circular; (f) vanishing company means a company, registered under the Companies Act, 1956 and listed with Stock Exchange which, has failed to file its returns with Registrar of Companies and Stock Exchange for a consecutive period of two years, and is not maintaining its registered office at the address notified with the Registrar of Companies or Stock Exchange and none of its Directors are traceable.