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Any company which has not done any business in last 2 years can apply for Striking off the company from the register by Registrar of Companies (RoC) by applying for Fast Track Exit (FTE) through Form STK-2. However, RoC may ask for the filing of nil IT returns for the latest financial year. Hence you may have to apply for PAN and...
Wazzeer Professional Network
ProfessionalWhat is the procedure for the closure of a private limited company who has not done any transactions since its incorporation and have also not taken its PAN?
-
Wazzeer Professional Network
ProfessionalAny company which has not done any business in last 2 years can apply for Striking off the company from the register by Registrar of Companies (RoC) by applying for Fast Track Exit (FTE) through Form STK-2. However, RoC may ask for the filing of nil IT returns for the latest financial year. Hence you may have to apply for PAN and file nil IT returns and then file the form for the closure of the company.
However, there is still a chance that RoC may ask for filing annual returns for all those years for which the annual returns have not been filed since MCA has given RoC such discretionary power. But this is a very rare case.
over 2 years ago
View answer
What is the procedure for the closure of a private limited company who has not done any transactions since its incorporation and have also not taken its PAN?
-
Wazzeer Professional Network
ProfessionalAny company which has not done any business in last 2 years can apply for Striking off the company from the register by Registrar of Companies (RoC) by applying for Fast Track Exit (FTE) through Form STK-2. However, RoC may ask for the filing of nil IT returns for the latest financial year. Hence you may have to apply for PAN and file nil IT returns and then file the form for the closure of the company.
However, there is still a chance that RoC may ask for filing annual returns for all those years for which the annual returns have not been filed since MCA has given RoC such discretionary power. But this is a very rare case.
over 2 years ago
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