Hi People. I am new here so not sure in which category I should post this.
I & my friends need some professional help here on below issue and may be I would hire him/her to proceed further.
Me & My friends had registered a Pvt. Ltd. Company registered in November 2012. :
In March 2013, started the business(International Inbound Call Center). Tried to run it for 1.5 months with 7 Lac of capital. We paid for rental of office space, salaries and google adwords etc. but business roughly gave a return of 1.5 lac and then had to shutdown.
So what should we do ? Close this company or get it in good condition.
There has no ITR filled or audit done till today date. There were a total of three directors and were shareholders equally. There was no business done after April 2013 till today. We never registered for
Kindly suggest and advised what we should do?
I'm thinking of two options:
1. Close the company somehow, may be there are any panelties.
2. Get the company accounts audited and file ITR and be back in good shape, but we won't be doing any business, no plans till now.
CAclubindia
