I have a company Registered under the Name "XXXXX" Medical Equipments & Consumables Pvt Ltd register at Kanpur RoC with the following Registration Upto Date
The company has no physical assets and is showing NIL transactions for 2 years. The reason for selling is that majority of key working people have relocated out of India now.
Interested please comment
Hey Syed! Looks like you have a clean, 5-year-old Pvt Ltd company with a trademark and all compliances up to date, but with NIL transactions lately.
Here are a few points to consider when selling such a company:
Valuation:
Since the company has no physical assets and no active business for 2 years, valuation will mainly be based on its brand name, trademark, and compliance history. Buyers usually pay a premium for a clean company with all filings done and trademark in place.
Due Diligence:
Potential buyers will check the ROC filings, GST returns, ITRs, trademark status, and other registrations. Make sure all documents are well organized and ready.
Legal Transfer:
The trademark (TM) transfer and share transfer must be properly executed. Trademark transfer involves filing with the IP India office, and company shares transfer involves board resolutions, share transfer forms, and updating ROC records.
Buyer Target:
Look for buyers who want a ready-made compliant company to save time on registration, especially in the medical equipment sector or related fields.
Location Consideration:
The company is registered at Kanpur RoC but located in Noida. This is fine, but buyer may ask for clarification on operations and correspondence addresses.
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