Dormant status/closure of company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 January 2015
One of our company do not have any significant transaction, except transactions regarding ROC and Audit fee.
Management also not interested to continued with the company, and decided to close the company, as there are no possibilities to have any business in the company.
Kindly advice how shall I proceed, I mean shall I start the company closure procedure, or Covert the company into dormant company and later on close the company?
Any other suggestion also welcome..
Also please suggest the cost effective way.
Management also not interested to continued with the company, and decided to close the company, as there are no possibilities to have any business in the company.
Kindly advice how shall I proceed, I mean shall I start the company closure procedure, or Covert the company into dormant company and later on close the company?
Any other suggestion also welcome..
Also please suggest the cost effective way.
16 January 2015
I think you should go for Dormant Company because no other forms is need to be filed by the company. and in near future, if the directors wishes to continue the proceedings of the company, they may do so by converting Dormant to Active Status
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 January 2015
Directors are not interested to carry on with the company at all not now and not in future.
so basically the question id
1. Should i close the company right now?
2. Convert the company into dormant and then close later on?
Which one will be more convenient??
so basically the question id
1. Should i close the company right now?
2. Convert the company into dormant and then close later on?
Which one will be more convenient??
20 January 2015
if the purpose is to close the company then just follow the steps for close the company and you need not first go with Dormant and then with Closing of company
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- Relief u/s Section 89
- Rent lease agreement
- Merchant Export Accounting
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- GST ON DAMAGED GOODS
- REGARDING SECTION 44AE
- Taxation on LTCG for property sold after 24JUL2024
- Sales return eway bill
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
