CLOSURE OF COMPANY UNDER SECTION 560 OF COMPANIES ACT 1956

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 May 2011 FOLLOWING IS MY QUERY:WE HAVE SOME PRIVATE COMPANIES HAVING CAPITAL OF LESS THAN ONE LAKH AND THERE EXISTS NO BUSINESS.

NOW CAN I CLOSE THOSE COMPANIES U/S 560.

PLEASE SUGGEST.

THANKS

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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12 May 2011 Pl check the status of the company in company master data. If status is "dormant" or "active" try section 560. On the other hand if status is "strike off" nothing is to be done.

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