Business Plan - Venture Care Closing a ltd company Guide on Fast Track Exit | Page 4

EXPLANATION:
 “Non-Banking Financial Company” means a company as defined in clause (f) of section
45-I of the Reserve Bank of India Act, 1934
 “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
 The Registrar of Companies immediately after passing of time given in sub-part (a) to
(c) of this Para and on being satisfied that the case is otherwise in order, shall strike its
name off the Register and shall send a notice under sub-section (5) of section 560 of
the Companies Act, 1956 for publication in the Official Gazette and the applicant
company shall stand dissolved from the date of publication of the notice in the Official
Gazette
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closing a ltd company