Fast track exit mode- affidavit, indemnity bond, ??

CA Abhishek Singh (practice) (2106 Points)

21 April 2012  

 

Hello everyone,

there is a pvt ltd company(paid up capital 100000) which even do not have bank account and has not done any business since incorporation.

 i want to close the company under fast track exit mode scheme.

 i have following questions:

 1. stamp duty payable on affidavit(annex. A of the circular)and Indemnity Bond (annex. B)

2. since there is no bank ac and company has not done any business, what will come  under statement of assets and liabilites ?

3.)Format of Board resolution ?

4.)audit has not been done since incorporation nor annual account has been filed with ROC, so do we require to audit a/cs & file annual accounts(if yes then how it is possible) ?