01 September 2015
Dear Experts , One of my Clients has not file ROC returns for last six years, the company has though filed Income Tax returns regularly.
The compnay doesnot have money to file the ROC returns for last 6 years. Is there a way where without paying much compliance can be made or company name can be struck off. Should we go for Fast exit.
01 September 2015
Yes..you can go for Fast Track Exit without filing pending forms provided Company did not engage in a single business transaction during atleast last 1 year...
Querist :
Anonymous
Querist :
Anonymous
(Querist)
01 September 2015
If we go for fast track exit, can ROC ask us the previous financials, as company was active from 2011-2014.
01 September 2015
Yes..both the things are possible. but you have to ensure that there was not a single business transaction in the company during last one year.