I have stopped operating in my Pvt Ltd Company since 2015 and it has been now over 3 years. The reason for stopping work in the company is relocation to abroad. The TIN Number had been surrendered in 2014 and the status is coming close. Income returns even nil has also been filed till now. Now since I live abroad, my brother and sister are director but do not play any active role since there is not work done in the company
The current CA taking a lot of time to get the company striked off. Please let me know what will happen if I do not act on closing the company. Will it auto striked off or will there be a penalty on me. Or else please do let me know the easiest process to get the company striked off.
08 August 2018
If you are a director, penal consequence may follow. Seems you can seek strike off as per Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016. Seek the help of a practising Company secretary at the earliest.