Ours is a pvt co. incorporated on 25.06.2010 with a paid up capital of Rs.1 lakh. Now the promoters have failed to bring the amount and hence the paid up capital has not reached to its min. requiremnet. Since no activity has commenced, can the company go for stikking off its name ?
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Minimum paid up capital in case of a private limited company
Replies (1)
Yes the company can be strike off, you just have to file Form FTE along with the necessary attachments i.e. Statement of accounts showing assets and liabilities nil duly signed from a Chartered Accountant, a duly passed board resolution, Affidavits from all the directors and an indemnity bond. After then, you may proceed for striking off the name of company from the records of the ROC.
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