PRIVATE LIMITED COMPANY CLOSURE

PRIVATE LIMITED COMPANY CLOSURE ?
On the off chance that an PRIVATE LIMITED COMPANY is inoperative for over one year from the date of consolidation then the owner may apply for closure of the Company under the method of Fast Track Exit (FTE) plan of the MCA. If not it can would up voluntarily or by the order of NCLT. As despite the fact that it's inoperative it is obligatorily required to file all compliances and regular returns punctually. Thus it is smarter to file for the closure, so the stakeholders of the Company are relaxed from satisfying the legal and regulatory compliances.

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