Change of name of the private limited company

This query is : Resolved 

10 June 2013 Dear all,

our company was incorporated in the year 2007 and till now there is no operation even we have not opened any bank accounts and there is no annual filling on MCA.

Now if i wish to change the name of the company to start working under that company what will be the procedure and related expenses

10 June 2013 A company after receiving Certificate of Incorporation from the Registrar is required to commence its business & other operations. But if a company after obtaining Certificate of Incorporation (COI) does not start its operations within 1year then such Company becomes Defunct Company and the Registrar after inquiring is required to strike off the name of the Company from the Registers of Companies.
You please first verify as to whether you company is still alive or not.

10 June 2013 ya its still active


10 June 2013 ya its still active

10 June 2013 THE CONCERNED COMPANY IS A PVT LTD COMPANY I HOPE?

10 June 2013 THE CONCERNED COMPANY IS A PVT LTD COMPANY I HOPE?

10 June 2013 yes it is private limited company

10 June 2013 MAY I KNOW WHAT WAS THE REASON FOR NON-FUNCTIONING?


10 June 2013 There was no reason as such

10 June 2013 THEN MAM WHAT WILL YOU SHOW TO THE REGISTRAR AS TO WHY THE COMPANY DIDN'T FUNCTION?

10 June 2013 That's what i am asking mam that what is the procedure to change the name of such company

10 June 2013 I THINK SHRUTI THE BETTER OPTION IS TO CLOSE THE COMPANY BY CLAIMIMG IT AS A DEFUNCT COMPANY AND THEN APPLY FOR A NEW COMPANY.


10 June 2013 I AM A MALE DEAR..

10 June 2013 What if i incorporate a new company without closing this company

10 June 2013 INCORPORATION OF A NEW COMPANY CAN ALSO BE DONE WITHOUT CLOSING THE OLD COMPANY BUT THIS SHOULD BE DONE ONLY WHEN THE DIRECTORS INTEND TO CARRY ON THE OLD COMPANY ALSO.
I ADVISE YOU TO GET THE OLD COMPANY CLOSED SO AS TO BE ON THE SAFER SIDE.


10 June 2013 Opps sorry sir i misuderstood

10 June 2013 NO PROBLEM DEAR...MANY PERSONS DO SO...

10 June 2013 Ok Thanx sir i will keep that in mind and what is the procedure to wind up the company

10 June 2013
A Company can be wound up under section 560 of the Companies Act, 1956. For this, the Company should be defunct company i.e. a dormant company with NIL Assets and NIL Liabilities i.e. all the assets should be disposed off and all liabilities should be cleared.

For this purpose, the Company should prepare audited Accounts for the period ending not later than 30 days from filing the winding up application. Said accounts should show NIL Assets and NIL Liabilities.

Documents required to be submitted to ROC:
1. An application signed by minimum 2 Directors in case of Pvt. Ltd.
2.Indemnity Bond signed by minimum 2 Directors in case of Pvt. Ltd.
3.Affidavit signed by minimum 2 Directors in case of Pvt. Ltd and Notarised.
4.Signed copy of latest audited Balance Sheet showing NIL assets and NIL liabilities; and
5.Certified copy of Board Resolution.

After the Registrar is satisfied that the Company is defunct and has no assets and liabilities, he will issue notice to the Company for striking off the name from the register giving some time to withdraw the application, if required.

After the expiry of the time limit, he will issue notice thereby striking off the name of the Company from the Register maintained by him and will send the same to publish in the Official Gazette. Once the said notice is published in the Official Gazette, the Company stands struck off from the Register.

10 June 2013 But in this case we have not even issued shares then also we have to file latest assets and liabilities statement.

10 June 2013 Yes you will have to file NIL statements.

10 June 2013 Thanx sir, i am very nuch thankful to you recieve expert comments and solutions from your side

10 June 2013 You are always welcome maam.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries