With KNAP Advisory, closing a pvt ltd company that has had no commercial operations since its incorporation or no transactions in the preceding two fiscal years, is no longer a difficult task.
Failure to maintain consistency for a company may result in fines and limit the Directors' ability to merge with another company. Consequently, if a private limited company has been inactive and there have been no cash transactions, it is preferable to dissolve the company.
The investors of a company may begin the company's voluntary or intentional closure. The unusual obligation must be established if there are any shielded or unbound banks or representatives on file. After all levies have been paid, the company must shut its ledgers. Lastly, the business must fulfil any remaining compliance requirements, such as a personal government tax payment or annual filing, and relinquish the GST registration. After completing all standard processes and surrendering enrollments, the Ministry of Corporate Affairs can receive the company application request.
The following procedures pertain to the dissolution of a private limited company:
The following papers are required for the closing of the company:
The process of removing a company's name from the Registrar of Companies is known as Strike Off. It is more equivalent to the Company being closed, as the Company will cease to exist and be unable to do business following the Struck Off.
The 'Principal Objectives' of the company are to be adhered to immediately upon formation. The incidental or auxiliary objects are only a subset of the major object, which the Act stipulates must be specified in order to avoid ambiguity.
Any person impacted by a Company Strike Off order may appeal, petition, or apply to the NCLT for Revival of the Struck Off Company within three years of the date of the registrar's order, with the burden of proof being with the person appealing for revival.
The company will cease to exist and be unable to conduct business after being Struck Off.
The ROC has the authority to dissolve a company if:
• If, within one year of incorporation, the firm fails to commence operations, and
• If a corporation has not submitted an application for dormant status despite being inactive for two fiscal years.
KNAP Advisory is helping with taxes and filings. They are responsive and legit in getting the job done. Special thanks to Kunal for helping me out with tax planning.
Got my private limited company registration with incredible ease. KNAP Advisory is a group of specialists. Also grateful for your bookkeeping services. With the aid of your experienced and cooperative workforce, the entire procedure runs well.
The company registration process with KNAP Advisory was quite smooth and quick. They solved all my queries relating to registration, and I got my company in few days. Also, their after-sales service is top notch.
We are associated with KNAP Advisory for quite a long time now. We are receiving all services on one platform. They manages all compliances, including ROC, GST, and income tax. Quite dependable, trustworthy, and really serious regarding the services provided. I will undoubtedly endorse their services.
I had a great experience working with KNAP ADVISORY team. Their team was professional, efficient, and delivered excellent results. They provided top-notch service from start to finish. Highly recommended.
I’ve had contracted KNAP Advisory for both personal and corporate affairs. The advisors are quite creative in financial terms. And the service is super quick but sometimes have slightly longer turnarounds during year end times.
Regardless, I’d definitely recommend the team!
I'm glad that I went with KNAP Advisory for the legal compliances. I would always gladly recommend them. All of the employees are kind and generous, and they are dedicated to meeting the needs of their consumers at all times. Special thanks to Neeraj Sir.
Totally satisfied with KNAP Advisory team. Very supportive and caring professionals. Asha took care of the GST registration and GST return filing very diligently. Till now they are providing the amazing services through chat support and constant reminders for data.
Their Compliance executive Asha Rana is incredibly responsive and guided me through a very user-friendly GST return filing process. Special thanks to all the team member of KNAP Advisory for their endless support.
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Very happy with their support and service. I contacted them for taxation purpose they helped me a lot. Kudos to Kunal Mehta and Team. Keep up the great work.
Offering every company related services at very reasonable pricing. Anuj is helping in accounting and TDS filing. Knowledgeable and dependable staff.
Completely satisfied with company registration process. They are young in market but quite dependable. Special thanks to Ashish, who took care of every thing. Just go with them if you are looking for company registration services.
These guys are very professional and meet their Commitments. They did our trademark registration in India, they work so possessive and positively. I had a wonderful experience.
Right platform for all the legal requirements. Getting my taxes filed. Great experiance working with them. Kunal and his team is always ready to solve the issues.
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I have learned quite a lot from the them. I have done my Internship and it was wonderful experience working with KNAP Advisory.
So far so Good
Kunal is polite and customer friendly. His team is professional and experienced. Thanks
They handled all of my company's compliances like a pro. Highly recommended. Big Thanks to their taxation team.
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Good and supportive team. You can trust them for all your company needs, Highly recommended.
Getting all company related services under One roof. Thanks for the support.
Very supportive and knowledgeable people. Truly amazing experience
Best in Service! Best in support! Timely delivery! Regular updates! Reasonable fee!
The one stop solution for all your compliance need. Offer a seamless process for pvt ltd company registration.
Specialized in taxation, secretarial compliances and startup services.
I m very happy to work in KNAP team, they are kind and always ready to give their full time to their customers, for company registration, GST work, TDS, Income and other compliances they easily handle all the works.
We have been especially crucial in ensuring startups are compliant with India's complex legal structure. We accept responsibility and obligation on behalf of the business owners and co-founders for adhering to all legal requirements. We strive to deliver a wide range of quick, effective, and compliance-focused services to any company or individual with a startup mentality. We are abide by our motto:- We Care, We Deliver, We Honor.