Winding up

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Querist : Anonymous

Querist : Anonymous (Querist)

13 February 2015 What are the rule and procedures for voluntary winding up of a private limited company which has no transaction for the last few years? Which act should be followed copanies act, 1956 or 2013? Also please provide format of resolutions to be passed.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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13 February 2015 The companies Act,1956 (section 484 or 560) has to be followed . If 484 is opted ,follow rules and forms of Companies (Court Rules)1959 except GNL-2 of 2013 act. If 560 is opted, follow FTE scheme.

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Querist : Anonymous

Querist : Anonymous (Querist)

13 February 2015 Sir
Is there any circular or notifications regarding the same.

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