New company formation

493 views 6 replies
A private limited company was opened 3 years ago but due to some reasons no transaction has occurred in last 3 years, no annual returns filed and no income tax return since there wasn't any business done . Now what compliances are to be done to start a business in that company.
Replies (6)

Hi,

You have to file Annual filling forms for all defaulting years with additional fees.

Regards

 

 

And for that will have to update the dsc first?
Company had 3 directors out of which one is no more.

Hi,

You will have to obtain DSC for existing Directors - get them registered in MCA. 

Prepare Annual Accounts and Annual Returns and get the same Certified by Proefessionals and file on MCA with penalties. If the Company is Pvt LImited, you can still continue with 2 directors. Ofcourse you will have to file Form 32 / DIR 12 for the deceased director.

Regards

Amit J

 

 

 

 

Thanks ravi and amit.company was incorporated on 15.06.2102,since there were no transaction till 31.3.15 at all so the annual return for 31.3.13, 31.03.14 & 31.3.15 would be nil?

Kavita,

There are 2 things - 1) Annual Accounts and 2) Annual Return.

eventhough there were no transactions, set of accounts is still required ( such as audit fees, legal filing etc). Once these are prepared and signed , you will have to file the same wiht MCA.

Annual Return contains certain information - which is Non Financial and therefore Annual Return wont be NIL.

You will have to get the same prepared and signed and filed in prescribed format.

Regards

Amit

 

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details