salman ibrahim (student) (49 Points)
30 November 2016One of the company has not filed its annual returns with ROC from the FY 2011. The status of it is shown as dormant in MCA company master data but we have not filed the statement seeking the application as dormant. We want to make the company as Active one. What is the procedure. Please guide me.
Jatin Bajaj
(CS)
(2928 Points)
Replied 30 November 2016
According to section 560 of the companies act, dormant Company is an inactive Company which has not been carrying any business or has not made any significant accounting transactions in the last 2 financial year and has not filed annual return for the last 2 years.
The Company has to make an application to the registrar in form MSC 1 or Registrar may sue mote direct the a Company for the status of dormant Company.
procedure for seeking status for active Company
an application for obtaining the status of active Company shall be made in Form MSC 4along with the fees as provided
The Registrar shall initiate the process to strike off the name of the Company if the Company remains dormant for the consequtive period of 5 years.
The registrar after considering the application , issue the certificate in form MSC 5 allowing the status of an active Company to the applicant
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