Hi,
I was a Director cum single unit share holder in a Pvt Ltd company which was formed in 2004 and did run well untill 2008. We have submitted the P&L to ROC untill 2007-08 (31 Mar 08) without fail. The major share holder is from Europe Union who managed the show through a registered company from Cyprus. We were exclusively doing services for his software product by billing the Cyprus company. Due to some misunderstanding, the guy stopped the operation unilaterally. After 2008, we do not have any other option except to close the company. There after I also moved to some other direction to get assure my bread and butter. The Cyprus company never bothered to communicate to us.
I understand that as a Director, my duty is to inform the ROC of the status. It is not wise to prolong like this. I may get a notice some day. But can some one suggest me how can I proceed on this as the major shareholder (99.99%) is not bothered to reply to my mails. Is there a way I can apprioach the ROC with these facts?
Regards,
Francis
CAclubindia
