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TMI BlogFast Track Scheme under section 560 of the Companies Act - Waiving of the requirement for obtaining certificate from various authoritiesX X X X Extracts X X X X X X X X Extracts X X X X ..... is Scheme. 2.1 First one relates to getting the two affidavits prescribed by the Department signed on a stamp paper by a Judicial Magistrate. It has been represented before the Department that going before the Magistrate is not easy for various reasons. The Department has, therefore, considered this matter in detail and a decision has been taken that the affidavit could be signed by Magistrate or by Notary Public with Seal. 2.2 Secondly, there were, inter alia, the following conditions (mentioned in clause (e) and (f) of General Circular10/2000, dated 20-9-2000) to be fulfilled by a company which wishes to avail of this Scheme for striking off its name : n A certificate from the auditor that the company is not doing any business and doe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .....................Limited. 2. The Company was incorporated on........................with an object to carry on.......................... . 3. The Company has been inoperative right from the date of its incorporation/the past............................years due to diverse reasons. 4. The Company has assets worth Rs. .................. in the form of cash balance/or no assets* ('strike out the one not applicable) and has liabilities to the extent of Rs............................but the creditors have waived the payment of their dues, and the waiver letters have been enclosed/no liabilities.* (*strike out the one not applicable) 5. As on date the Company is not having any dues towards Income Tax/Sales Tax/Central Excise or any ot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ...................................., do hereby jointly and severally declare that: (a) We are the only Directors of.............................Limited, a Company incorporated on.............................under the Companies Act, 1956 whose Registered Office is situated at............................. . (b) That we have made an affidavit dated...................the............................. duly sworn before notary public affirming that the Company ....................................Limited, has assets worth Rs. ..................... in the form of ............................. . The Company has no liabilities. (c) Further the Company is not doing/carrying on any business right from the date of its incorporation and the Company ..... X X X X Extracts X X X X X X X X Extracts X X X X
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