I were working in Indian subsidiary of French company, which board of directors were decided to apply for dormant company. Later on my head office called me and requested to replace existing only Indian director ( other one is French) and also promised to give monthly salary for running paper company as company did not follow rules applicable for dormant company.
After few months head office stopped to replying to my emails and also stopped remittances of my salary. Now it is difficult for me to file all regular returns and reporting's as I'm not getting any remittance from my head office. But I have doubt that government authorities will contact to me in future for non-compliances as my DIN is with MCA and I'm the only director who they can trace easily. Kindly advice how to deal with this situation as I'm not getting any income from it I don't want to suffer any type of loss from this case.
CAclubindia
