Closing down a Pvt. Ltd. Company

Hi , I have a concern. A pvt. ltd. company wants to shut down since it has no revenue for past 2 years and the main issue is that the company had issued shares at premium around 8-9 years back and the balance sheet shows securities premium account.

How can the company put its name for strike off from roc?
Replies (2)
Quick Summary
This discussion addresses how a private limited company with no revenue for two years can be closed down. The main concern is how to handle the securities premium account, which shows shares issued at a premium from years ago. To proceed with striking off the company name from the Registrar of Companies (ROC), all pending compliances must be met first. The securities premium can be utilised as per Section 52 of the Companies Act, 2013, before filing for closure under Section 248.

First u need to comply with all the pending compliance after that the company is eligible to file forms for closure of company and for any further assistance , you can write me at cakratanshugupta @ gmail.com

Firstly the company needs to comply section 248 for the purpose of getting strike off the company. 

In your case the pending utilisation of security premium can be use in accordance with section 52 of the Companies Act, 2013. 

 

 

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