Re: alternates to closing down a pvt. ltd co.
This query is : Resolved
Pratik Panda
(Querist)
23 October 2014
Dear Members,
I have a Pvt Ltd Co Incorporated Under Companies Act 1956 in the year 2010. But for Last Two years the company is making regular loss and I had to maintain all the statutory matters,expenses as stipulated under the LAW.So,Can any one suggest me What can I do instead of closing down the company because I want to retain the Co. name for future prospect.
I have a Pvt Ltd Co Incorporated Under Companies Act 1956 in the year 2010. But for Last Two years the company is making regular loss and I had to maintain all the statutory matters,expenses as stipulated under the LAW.So,Can any one suggest me What can I do instead of closing down the company because I want to retain the Co. name for future prospect.
Nikhil Kaushik
(Expert)
23 October 2014
you apply for dormant status. please refer https://taxguru.in/company-law/process-status-dormant-company-company-act-2013.html
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Nikhil Kaushik
(Expert)
23 October 2014
you apply for dormant status. please refer https://taxguru.in/company-law/process-status-dormant-company-company-act-2013.html
Pratik Panda
(Querist)
23 October 2014
Dear Members,
Any Pvt Ltd co which have carried out only trading nature of business and suffer loss for last two financial year can apply for for "Dormant" Status.
Any Pvt Ltd co which have carried out only trading nature of business and suffer loss for last two financial year can apply for for "Dormant" Status.
Nikhil Kaushik
(Expert)
23 October 2014
you will have to wait for a couple of years. but still better than shutting down
16 December 2014
correctly guided by nikhil.................
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