Hi Friends,
Closure of subsidiary company without filing fcg-pr
Nagraj (Business) (24 Points)
05 August 2015Nagraj (Business) (24 Points)
05 August 2015Hi Friends,
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 05 August 2015
Closing the company is not simple process and it is time consuming. Non-filing FC-GPR will be offence under FEMA. I will advise you to file FC-GPR and then take action for closing the company. I presume that allotment of shares has been done and return of allotment filed with ROC since FC-GPR is required to be filed post allotment.
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