Poonawalla fincorp
Poonawalla fincorp

Dormant company

This query is : Resolved 

13 June 2012 Dear Friends

What is the difference between Dormant company and Defaulting company

13 June 2012 Dormant Company or Defunct company is a company which has defaulted for a very long time and can be striked off or revived to active status by filing form 61.

Deafulting company is a company which hasnt filed it Annual Returns in the previous year.

13 June 2012 i) Defaulting company means a company failed to file annual return and financial statements in time.
ii) Dormant company is a company which is in default since 2006.




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