Procedure for winding of public limited company
This query is : Resolved
03 October 2011
I would like to know the Procedure for winding of Public Limited Company.
Thanks is advance
Thanks is advance
03 October 2011
under Fast Track Exit Mode:
Document Required:
1.detailed application
2.Affidavit
3.Indemnity Bond
4.Statement of accounts- Not older than one month from the date of application
5.Board Resolution
Document Required:
1.detailed application
2.Affidavit
3.Indemnity Bond
4.Statement of accounts- Not older than one month from the date of application
5.Board Resolution
04 October 2011
Thanks Saroja.
Further Queries :
1. Contents of detailed application?
2. Affidavit from ?
3. Indemnity Bond from all the directors ?
4. Whether permission of court is required ?
Further Queries :
1. Contents of detailed application?
2. Affidavit from ?
3. Indemnity Bond from all the directors ?
4. Whether permission of court is required ?
04 October 2011
Should i be filing form 61?
04 October 2011
Form 61, the process is longer, i mean approval process, and one think i want tell, u want to close ur company under sec 560, Form FTE only (Substituted for Form 61) see this link
http://www.mca.gov.in/Ministry/pdf/Circular_36-2011_07jun2011.pdf
http://www.mca.gov.in/Ministry/pdf/Circular_36-2011_07jun2011.pdf
04 October 2011
Circular No 36
Statute
Companies Act, 1956
Effective Date
03rd July, 2011
Subject Matter
Fast Track Exit mode for defunct companies under section 560
Amendment
Guidelines for Fast Track Exit Mode:
Applicability:
1. The Company should have nil asset and liability;
2. The Company has not commenced any business activities since incorporation
3. If the Company is not carrying over any business activity for the past one year before making application for Fast Track Exit.
4. Any defunct Company may apply for strike off whether active or dormant status.
Non-appliability:
1. Listed Companies***
2. Delisted Companies due to de-listed
3. Section 25 Companies
4. Vanishing Companies
5. Prosecution pending Companies
6. Management dispute Companies
7. Companies having dues with IT or Sales tax or Excise or banks or other local authorities.
Others:
1. Filing fee for fast track exit scheme is Rs. 5000/-.
2. If the e-form is not digitally signed by the director, a physical copy has to file with the ROC.
3. If DIN 3 or e-form 32 is not filed earlier, the certification from the PCA or PCS has to be accompanies with application.
4. The Company has to disclose the pending litigations if any.
can u tell me, ur company listed or unlisted.,
Bcoz listed company not applicable under Fast track closure,
any query ask me.
Statute
Companies Act, 1956
Effective Date
03rd July, 2011
Subject Matter
Fast Track Exit mode for defunct companies under section 560
Amendment
Guidelines for Fast Track Exit Mode:
Applicability:
1. The Company should have nil asset and liability;
2. The Company has not commenced any business activities since incorporation
3. If the Company is not carrying over any business activity for the past one year before making application for Fast Track Exit.
4. Any defunct Company may apply for strike off whether active or dormant status.
Non-appliability:
1. Listed Companies***
2. Delisted Companies due to de-listed
3. Section 25 Companies
4. Vanishing Companies
5. Prosecution pending Companies
6. Management dispute Companies
7. Companies having dues with IT or Sales tax or Excise or banks or other local authorities.
Others:
1. Filing fee for fast track exit scheme is Rs. 5000/-.
2. If the e-form is not digitally signed by the director, a physical copy has to file with the ROC.
3. If DIN 3 or e-form 32 is not filed earlier, the certification from the PCA or PCS has to be accompanies with application.
4. The Company has to disclose the pending litigations if any.
can u tell me, ur company listed or unlisted.,
Bcoz listed company not applicable under Fast track closure,
any query ask me.
Message likes :
1 times
04 October 2011
It is not a Defunct Company, Not Listed Company, but it has been carrying on small business, and the directors want to close voluntarily.
04 October 2011
status of the Company (I mean they doing business or stopped), or Can u tell the Company Name.,
04 October 2011
Status is active, they are going to file annual return for FY 2010-11 in few days.
04 October 2011
Can you contact me on e-mail ? kamp1388@gmail.com
04 October 2011
I want to knw the Reson, can u.,
and i think ur company not eligible under Fast track mode (Not defunct and running very well) so my opinion U can file the form under Voluntary Winding Up.
is it correct na, i'll provide the Checklist for that (Voluntary Winding Up).,
and i think ur company not eligible under Fast track mode (Not defunct and running very well) so my opinion U can file the form under Voluntary Winding Up.
is it correct na, i'll provide the Checklist for that (Voluntary Winding Up).,
04 October 2011
yes thats what i wanted.
Thank you so much for your help. :)
Thank you so much for your help. :)
04 October 2011
What reason do you want to know ?
04 October 2011
i'll send the Voluntary Winding Up check list to ur mail.id, u just go through.,
any further query ask me
any further query ask me
04 October 2011
thank you :D
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