31 August 2011
Status of a company will be shown as 'dormant' in company master data in MCA portal if e-filing of annual return and financials are not done from financial year 2006-07 onwards.
01 September 2011
For non filing of Statutory Returns with the concerned Roc for one year it will be treated as Defaulting company and the Non-Filling of Statutory Returns for 5 or more years will be treated as Dormant company. The company could not be struck off automatically, There is a procedure for struck off its name from RoC Register. Now there is one scheme called Fast Track Exit Mode,Which will help the companies which is not carrying any business since the inception or last one year is eligible to getting struck off.
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