Hi everyone.
A Pvt. Ltd. has got a final notice u/s 560 of the Companies Act,1956 wherein three months time has been given for showing anything to the contrary otherwise name of the company will be removed from the register.
The company is actually not in operation. So there's no harm as such if the name of the company is struck off.
As per Master Data, date of last balance sheet and agm is 31.03.2010 and 30.09.2010 respectively.
I want to know that what will be the liability of the directors after the name of the company is struck off ?
Is there any cost or any loss if we do not send any reply and let the department dissolve the company ?
Plesase treat my query as important and urgent. Waiting for your valued responses....
Thank You
CAclubindia
