Simplified Exit Scheme - Clarification. - Companies Law - 33/2003

General Circular No. 33/2003 F. No.17/78/2001-CL.V Government of India Ministry of Finance Department of Company Affairs Shastri Bhavan, New Delhi. Dated the 14th November, 2003 To All Regional Directors All Registrar of Companies Subject:- Simplified Exit Scheme - Clarification. ... Sir, The undersigned is directed to refer to General Circular No.13/2003 dated 25.3.2003, General Circular No.15/2003 dated 9.4.2003, General Circular No.16/2003 dated 17.4.2003, General Circular No.17/2003 dated 22.4.2003 and General Circular No.27/2003 dated 7.10.2003 regarding Simplified Exit Scheme. 2. It is further clarified that companies incorporated after the Companies (Amendment) Act, 2000, who have not contributed toward the paid-up capital as per the requirements of Section 3 (1)(iii) and 3 (1)(iv) can also avail Simplified Exit Scheme if other requirements are fulfilled. Yours faithfully, (E. Selvaraj) Joint Director (T) (Tel:2338 3452)