Winding up of private limited company

Hi...

Company was registered as private limited company in the year 2008, having two members and they are also directors of that company as well.

One of them died before three years i.e. F.Y. 2010-2011 and since then annual accounts and audit reports were not prepared. The last annual account was prepared in the F.Y. 2008-2009 and was showing nil assets and liabilities.

No other member appointed since three years.

I would like to know that :

(1) How to close this company?

(2) If penalty is charged then what will be the penalty?

Replies (2)

Hi

You can initiate for closing under FTE i.e Fast Track Exit Scheme in which you would be required to file the Form FTE alongwith some documents.

 

 

 

 

 

Thanks For reply.....

 

Further, i would like to know that under FTE Scheme ONLY ONE MEMBER can file,

(1) Board's Resolution

(2) Affidavit

(3) Indemnity Bond

Is It Possible?   If Yes, then how?

Or is there any other PROCEDURE applicable for winding up?

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