Easy Exit Scheme-2011 - Clarification regarding inability of some State PSUs to avail said Scheme

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..... Regional Directors All Registrar of Companies Subjects:- Easy Exit Scheme-2011 - Clarification regarding inability of some State PSUs to avail said Scheme In continuation to this Ministry s earlier Circular Nos. 6/2010, dated 3-12-2010 and 1/2011, dated 3-2-2011 on the subject cited above, representations have been received in the Ministry saying that (i) para 2(iv)(i) of the .....

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..... s they have dues to State Governments, if the said Government company is not able to obtain waiver of liabilities letter from the State Government, the concerned Government should give an undertaking to the Registrar of Companies saying that if the Registrar of Companies strikes off the name of the company, the State Government shall not make any claim on the Registrar of Companies for its liabili .....

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