Pvt. Ltd company

Hi,

I have a Pvt. Ltd co. Which was registered in year 2019 August with 3 directors including me. Company compliance is not done. Our 3rd partner is not cooperating with us . Bank account is not opened . No dues, no liablities, no billing nothing till now. I want to close this company me and my second partner are stucked because of our 3rd partner . We do not have funds to open bank account to complete compliance . So what is the way to save from panelties and without completing compliance how I can close this company.

 

Thank you

 

Replies (2)
Quick Summary
This discussion addresses how to close a Pvt. Ltd company registered in 2019 where compliance has not been met and one of the three directors is uncooperative. The company has no bank account, liabilities, or billing to date. The user seeks to close the company and avoid penalties without completing all pending compliances. Advice suggests either waiting for the Registrar of Companies (ROC) to strike off the company or filing a petition for its closure, subject to relevant guidelines.

As per my view the umpteen no. of non compliance are there like section
 10A-declaration by director within 180 days from the incorporation ;


12- within 30 days from incorporation of the company; 1

73-convene board meeting within 30 days of incorporation and 

139-statutory auditors

List is inclusive there are many other provisions. 

However in your case no bank account ,no liability in any manner so ROC has reasonable view to strike off the company as per the ground mention in 248(1).

So you could wait for ROC order for striking off the company or go directly by way of filing petition on its own subject to compliance of all related guidelines as mention in chapter 18 of the companies Act, 2013 and rules made thereunder. 

Trust this clarify the situation. 

Give a call tomorrow 9812955551

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