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Private company default

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 December 2016 Hi,
A private company has not had any transactions since the year 2009 and has not complied with any requirements of the Companies Act since 2009 (Such as filing annual returns to the ROC, holding AGM, etc.). What would be the best option in this case with the private company with so many non compliances? Should it wind up or sell itself or what?
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CS Nagesh Rudrakanthwar

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CS Nagesh Rudrakanthwar (Expert)
08 December 2016 If the company dont have any business and have nill assets and liabilities then go for FTE.
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