Closing a pvt ltd company, bangalore

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 March 2015 Hello, i want to close my private limited company formed in 2009 in Bangalore. Formed by 2 directors but now both of us want to move into different line of business. We have not done any business in the last one year. We have also not made any profits since the company was established.

Please let us know the process and least expenditure with which we can close the company. Would it require paying tax till this year and then only initiate the formalities or can it be done without taxes as there has been no income.

We are ok to sell the company if someone is interested.