3 month old affidavit, ind. bond, board resn-form fte ??

Pvt ltd 2675 views 3 replies

CA Abhishek Singh

practice

2112 Points Joined February 2009

hello everyone,

in the month of june 2012 i had got contract of closing 5 defunct companies under FAST TRACK EXIT MODE. I had prepared affidavit, indemnity bond, board resolution, statement of a/c in the month of june itself. appropriate value of stamp duty has been paid in the month of june itself. However NOTARY IS STILL PENDING.

since co. was facing cash crunch form FTE could not be filed. Now after 3 months they have cash and now want to close the company.

I know that statement of account shall not be old than 30 days and since 30 days has already elapsed so i have to make new statement of a/c.

My question:

1. Do u think it will create any problem if i file form FTE in october 2012 and attach affidavit/indemnity bond/board resolution which dated june 2012 ( i had prepared in the month of june 2012) ?

2. Any other precautions that need to taken in this case ?

Replies (3)

Smriti Dhawan

Company Secretary

347 Points Joined June 2009

In my view affidavit , indemnity bond and board resolution which was passed in the month of June 2012 will serve the purpose if you file FTE Form in October 2012.

Shridhi Jain

Company Secretary

1678 Points Joined July 2009

Well, documents should be filed within one month of balance sheet preparation.

If you have prepared the balance sheet in june and prepared all documents in june then the FTE form should hv been filed with a month i.e. july.

As per me, your form will not get approved if you file more than one month old documents.

Smriti Dhawan

Company Secretary

347 Points Joined June 2009

I , think Mr. Abhishek is asking about affidavit , Indemnity Bond and Board Reslution, he has prepared new statement of accounts as written in the query.