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Fast Track Exit Scheme Ministry of Company Affairs (MCA). MCA has issued Guidelines for Fast Track Exit (FTE) Mode to give opportunity to the defunct companies to get their names struck off from the

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What is fast track exit scheme?

The fast track exit scheme is a simplified procedure for the quick closure of defunct companies.

Who is required to file fast track exit scheme?

Companies which are inactive and wish to close down are required to file for the fast track exit scheme.

How to fill out fast track exit scheme?

The fast track exit scheme can be filled out online on the Ministry of Corporate Affairs website.

What is the purpose of fast track exit scheme?

The purpose of the fast track exit scheme is to provide a quick and hassle-free way for defunct companies to close down.

What information must be reported on fast track exit scheme?

The fast track exit scheme requires basic company details, reasons for closure, and the declaration by directors.

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