Can we apply for Dormant status u/s 455 immediately after incorporating company for further project?
aarti pandey (Student CS) (79 Points)
25 January 2016Can we apply for Dormant status u/s 455 immediately after incorporating company for further project?
Pallavi Moonka
(company sectretary)
(112 Points)
Replied 05 February 2016
As per Section 455 of the Companies Act 2013, new companies registered under companies act 2013 after 1st April 2014 for the purpose of holding an asset or an intellectual property & has no significant accounting transaction can apply for obtaining a Dormant Status.
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