Fast track exit
This query is : Resolved
07 March 2015
The company is incorporated in 2013. It is inoperative since its incorporation. it has not filed any annual returns and balance sheet till date. whether the company can apply for FTE ?
07 March 2015
Prima facie seems eligible for FTE.
Have a look at the eligibility condition given hereunder.
Company which has nil asset and liability and
(i) has not commenced any business activity or operation since incorporation;or
(ii) is not carrying over any business activity or operation for last one year
before making application under FTE.
Have a look at the eligibility condition given hereunder.
Company which has nil asset and liability and
(i) has not commenced any business activity or operation since incorporation;or
(ii) is not carrying over any business activity or operation for last one year
before making application under FTE.
Message likes :
1 times
07 March 2015
Thanks Sir. Whether annual return and balance sheet for March 2014 are to be filed or not?
07 March 2015
If you are Applying for FTE , No need to file annual return
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