Shabnam Siddiqui (Company Secretary) (152 Points)
28 April 2011Can ne1 please tell me whether a newly incorporated company (2010) which has no operation, can go for stricking off its name u/s 560 suo moto? Or it has to wind up u/s 484? Also what is the lump sum cost for voluntary wining up for a private company having a paid up capital of Rs. 1 Lac??
Regards,
Shabnam Siddiqui
nidhigoel89
(Company Secretary )
(594 Points)
Replied 06 May 2011
Hello,
Its completely a optional thing for Company that to go for voluntry windig up or for get strike off U/s 560.
And i think its better to get the co. strike off U/s 560.
A procedure for the same is laid down in attachment.
Thanks
Nidhi
Jyotika
(study study n study)
(147 Points)
Replied 07 May 2011
For striking off, there should be no assets and liabilities of the company and it should not be operational during last three years
to fall in category of defunct company:
o you can opt for voluntary winding up by members or creditors voluntary winding up
CAclubindia
