Arrange the Board Meeting to discuss and enact on the voluntary strike-off u/s 248(2)
Pay off all the liabilities before holding EGM
Convene EGM for passing special resolution
File Special Resolution in MGT-14 within 30 days
File STK-2 form alongwith required documents
A Company that has failed to commence any activity or is not carrying on any business activity is released from the burden of Compliances with respect to Companies act,2013.
Suitable Business - If the business that you have chosen is not running and yielding profits, then its resources can be used into a better one
Smooth and inexpensive way for striking off the name of the Company.
PRIVATE LIMITED COMPANY, which is not doing business for over one year from the date of consolidation then the owner may apply for closure of the Company. If not it can wind up voluntarily or by the order of NCLT. Despite the fact that it's the company not doing any business it is required to file all compliances and regular returns.
To strike of PVT LTD Company, the application is filed in form STK-2 with the government fee of Rs 10,000/-.
The companies making an application for voluntarily strike off under section 248(2) of the Companies Act, 2013 will be restricted if, at any time in the previous 3 months, the company- Has Changed its name or moved its registered office from one State to another state; Has made a disposal for value of property or rights held by it, immediately before Cesar of trade or otherwise carrying on of business, for the purpose of disposal for gain during the normal period of trading or else while carrying on the business; Has engaged in any other activity except for making an application which is necessary or expedient under that section, or taking the decision to do so or concluding the company's affairs or complying with statutory requirement, if any; Has made an application to the Tribunal for the sanctioning of a Compromise Or Arrangement and the matter has not been finally concluded; or Is being wound up under Chapter XX, whether voluntarily or by the Tribunal or under the IBC, 2016.
Strike off is an easy process to apply for Closure of a Company with nil assets and liabilities. Wind up Company is a Complex Process, where company assets and liabilities were distributed to partners or shareholders.
First of all, our team completes the entire process in less than 10 days because of its skills and knowledge. Also, working with the best talents of the market, we closely keep a tab on all the amendments made to various laws. We also make it a point to keep you updated with all kinds of compliances. We also inform you about all the requirements on time.
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