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Closure of Private Limited company

CA.D.K.BAYYAREDDY (Chartered Accountant) (117 Points)

24 July 2009

Dear Friends,

One of my client want to close the private limited company due to recession in the trade. Kindly suggest steps to follow to file the papers with ROC. Thanks in advance

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10 Replies

Deepika singh (CS & MBA) (46 Points)
Replied 25 July 2009

Hi,

As per the provisions of Part VII Chapter III of the Companies Act, 1956, Every company is required to file the Declaration of Solvency certificate with the ROC within 5 weeks of passing the special resolution for the winding up in the general meeting. Further, a Notice regarding the appointment of a liquidator for such purpose has to be filed within 10 days of such appointment with the ROC. And the copy of final meeting along with the return is required to be filed within 1 week of the Final Meeting.

Hope this detail will help you.

Regards

RAHUL (Company secretary ) (226 Points)
Replied 28 July 2009

Dear friend
Why are you close company. You can sell the company and get some money and if you sell the company you have no liabilties and if you sent full detail of company. I can give futher advice on this matter

Regard
NITIN

1 Like

tarun vij (student) (26 Points)
Replied 29 February 2012

what is the procedure to close a private limited company.?

what are the documents used in it?

thanx in advance

(Guest)

Pls check the attached file for fast track exit scheme for closure of company. Thanks

Attached File : 206355 940495 fast track exit scheme.pdf downloaded: 6612 times

3 Like

tarun vij (student) (26 Points)
Replied 02 March 2012

thank you very

much

Shridhi Jain (Company Secretary) (1678 Points)
Replied 19 December 2012

What is the procedure to close a company who hasn't completed even a year.

S M Abbas (Account Asst. Manager) (21 Points)
Replied 22 September 2013

Hello friends,

How to process to close the private limited company & what are the documents used in it? Kindly suggest steps to follow to file the paper with ROC.

Thanks

vishal (director) (21 Points)
Replied 18 March 2014

how to close 2 year old pvt ltd. company but not done anything since inception. Pls tell if any fees or penanlty involve in this activity. Also if any form to fill and where to send.

Vishal

Sunil Rao (Account Executive) (21 Points)
Replied 13 September 2015

Thanks of the file

Prakash Nayak (1 Points)
Replied 13 June 2016

How can we sell the company? My company is going in loss due to funding issues and I am short of it. Should i close it or resell it? Do you know anyone who buys I am into Software IT Field for Application Solution in service industry