winding Up

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Priyanka (Querist)

20 July 2011 Hello Experts,

Can you please explain me what is dissolution up without winding up?and further if you can provide me the checklist for winding up of a Company.

Thanks

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

20 July 2011 If the company has no assets and liabilities, section 560 can be opted to strike off the name of the company from the register maintained by the ROC.

Saroja

Saroja (Expert)

21 July 2011 Procedure for making an application:

1. Defunct company shall make an application in the form FTE Mode, 2011 under section 560 of the companies act, 1956.

2. Filing fee of Rs.5000/-

3. In case, the application in Form FTE, 2011, is not being digitally signed by any of the director or Manager or Secretary, a physical copy of the Form duly filled in, shall be signed manually by a director authorized by the Board of Directors of the company and shall be attached with the application Form at the time of its filing electronically;

4. The Directors should provide PAN and Passport Copy, if DIN is not available.

5. The Form FTE, 2011 shall be certified by a Chartered Accountant/Company Secretary/Cost Accountant in whole time practice;

6. The company shall disclose pending litigations if any,

7. Affidavit should be given by individual director attached to Annexure A.(Notary)

8. Indemnity bond given by individual director, to the effect that any losses, claim and liabilities on the company, will be met in full by every director individually or collectively, even after the name of the company is struck off the register of Companies; attached to Annexure B.(Notary)

9. The company shall also file a statement of account attached at Annexure C.(Notary)

Priyanka

Priyanka (Querist)

30 July 2011 Thanks A Lot Sir

Priyanka

Priyanka (Querist)

05 August 2011 Further Sir, I want to know about the Dissolution which takes place after the process of Amalgamation.

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