Legal formalities for a non-operating company

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Nawal Kumar (Querist)
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07 August 2010 Hello friends

I got my pharmaceutical company (private limited) registered in June 2009 in Ahmedabad.

Unfortunately due to various hindrances my company failed to start any business operations till date. We have incurred expenses like rent and legal documentation etc. but no sales or any other income has taken place yet.

I don't want to wind up my company as I'll start its business operations as soon as I manage to solve my problems.

After the end of financial year 2009-2010 on 31st March 2010 I am wondering what legal formalities my company should fulfill in order to stay alive.

Could anyone please guide me on this issue?

Please suggest me an inexpensive way to fulfill the legal formalities listing those formalities in a simple way.

Thanks for going thru my query dear friends

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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07 August 2010 1. PAN may be obtained.
2. Accounts should be audited.
3. IT return has to be filed.
4. Returns as per companies act has to be filed.

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