
TRADEMARK IN INDIA: REGISTRATION PROCEDURE AND COST
Think of buying your favorite brand of shampoo or Biscuit. The first thing you check after picking up, the logo of the company. That little
A private limited company or famously known as PVT LTD is a privately held company. This implies that the business limits owner liability to its shares and limits number of shareholders to 50. It also restricts shareholders from trading shares publicly.
Closing Private Limited Company becomes a necessity due to many reasons voluntarily or by the tribunal. Business loss, bankruptcy, passing away of promoters, etc., are few of the reasons as to why closing company in India becomes the only option.
Requirements for closing a Private Limited Company
Voluntarily closing a Private Limited Company:
This is possible if,
This happens in the following scenarios,
The strike off company procedure used to be a slow and boring process. However, through the online process, much of the slow elements are removed. That being said, the process to strike off company online is not fully present. The process itself is as follows. :
While you cannot fully strike a company off online, you can take all the help you need from business registration experts. These experts can close private limited company through the process that involves constant tenacity and complete assistance.
Therefore, Abgps Advisory is here to aid you. Contact our experts and close the company in a way that you can pass over legal hurdles while keeping up with the legal requirements.
At least a year should have passed from the date of incorporation before the Company files for closing to the Registrar of Companies.
What are the key requirements to file for voluntary closing of the company?
A resolution of Directors approving the closing of the Company and the same being declared with the condition that there are no pending debts is a key requirement for filing the voluntary closing of the Company.
Within 7 days of application submission, the Private Limited Company must notify the creditors, shareholders, employees, trustees, and other directors.
What happens if the company does not comply with the timelines?
If the Company fails to comply with the timelines, a fine or penalty is incurred upon the Directors from starting another Company.
We help entrepreneurs and small business owners, start and grow their business by providing – quality and affordable services through the internet.
We help entrepreneurs and small business owners, start and grow their business by providing – quality and affordable services through the internet.
Think of buying your favorite brand of shampoo or Biscuit. The first thing you check after picking up, the logo of the company. That little
Think of buying your favorite brand of shampoo or Biscuit. The first thing you check after picking up, the logo of the company. That little
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