Closure of a pvt ltd company

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Dear colleagues, Kindly let me know the process to wind up a private limited company , which is non operating. Is easy exit scheme running ? if, not, what is the process to be followed to close a pvt ltd co.?
Replies (7)

you can opt the FTE scheme, its still there and file the Form FTE along with required documents for the closure of Pvt Ltd Company.

Dear sir,

Thnx for your prompt reply.I have heard that FTE is closed. If not, Kindly let me have detailed procedure.

Thnx

1. Conduct Board Meeting & pass a resolution for Closure of the Company u/s 560 under FTE route.

2. Prepare the following documents

a. Statement of Account b. Indemnity Bond c. Affidavit

supporting documents 

Address & ID proof of Directors

File Form FTE with Fees 5000/-

thnx sir

Dear Parthsarthi Patel,

 

If your company incorporated in Karnataka state i will take. You need not go for FTE filing and No Expenditure.

 

Contact.

P S Rao, Ph: 09052233341, Email: psrao.cs @ gmail.com

Dear Sir,

I would like to know that whether any private company who has assets 55 lacs and reserves 25 lacs, and there is no contravention and breach of any law. Can apply for the FTE Scheme? Please do needful. or company converted into LLp and then close the LLP? Which option is better?

A company can apply for FTE only when the company has Nil assets and NIL Liabilities. otherwise not possible to go by FTE and has to opt for voluntary ainding up

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