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Freeze Private limited

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Namrata Prajapati

24 Points Posted on 14 May 2020

A private limited is not working from the years ,can we freeze it for the time and revive it in future. Is any such provision?

(all the annual compliance have been done)

Replies (3)

Quick Summary

If your private limited company has been inactive for years, you might be wondering if it's possible to freeze it and revive it later. While there isn't a direct provision to 'freeze' a company, you can explore converting it into a dormant company. This status significantly reduces annual compliance requirements compared to an active company, offering a way to pause operations without full dissolution.

Aashok Kumar Sharma

Finance/Compliance Consultant

69141 Points Posted on 15 May 2020

I do not think it can be done.

Harish choursiya

Student cs professional

249 Points Posted on 15 May 2020

As such there is no provison to do this, however the company may convert itself as dormant company where certain compliance have to do annually which are least as compare to normal ordinary course of business.