CLOSURE OF COMPANY UNDER SECTION 560 OF COMPANIES ACT 1956
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
NOW CAN I CLOSE THOSE COMPANIES U/S 560.
PLEASE SUGGEST.
THANKS
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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