Post by: Renu Suresh in Wind Up of Company
Difference between Winding up and Dissolution of Company Winding up and Dissolution of a Company are two separate steps in the process of closing a company. Winding Up is a process led by a liquidator under the Tribunal of laws…
Post by: Bennisha in Wind Up of Company
Fast Track Exit (FTE) Scheme The Ministry of Corporate Affairs (MCA) vide Notification No. 16/2016 on 26th December 2016, introduced a scheme to strike off the name of a company from the Register of Companies through Fast Track Exit (FTE).…
Post by: Sreeram Viswanath in Wind Up of Company
Strike Off of Company The process of striking off is an alternative mechanism to the winding up of a company. The Companies Act facilitates two modes of strike-off – namely, strike off by the ROC (Registrar of Companies) under Section…
Post by: IndiaFilings in Wind Up of Company
Company Strike Off Clearance The Ministry of Corporate Affairs has recently completed strike off of lakhs of private limited companies that failed to file MCA annual return. The Directors of such defaulting company were also disqualified from being a Director…
Post by: IndiaFilings in Wind Up of Company
LLP Form 24 - Easily Close a LLP The Ministry of Corporate Affairs has recently amended Limited Liability Partnership Rules, 2009 by introducing the Limited Liability Partnership (Amendment) Rules, 2017 with effect from 20th May, 2017. With this amendment, LLP…
Post by: IndiaFilings in Wind Up of Company
Form STK-2 for Winding Up of Companies The Ministry of Corporate Affairs (MCA) has recently announced Form STK-2 for removing name from register of companies, i.e., winding up of a company. Form STK-2 will be made available by the MCA…
Post by: IndiaFilings in Wind Up of Company
Removal of Company Name from MCA Database A company name can be removed from the MCA database or struck-off by the Registrar of Companies on certain conditions. In this article, we look at the procedure for removal or striking of…
Post by: IndiaFilings in Wind Up of Company
Striking Off Defunct LLP Name A limited liability partnership (LLP) with no business operations for one year or more can be closed down easily by striking off the name of the defunct LLP. To close a LLP, a voluntary winding or…
Post by: IndiaFilings in Wind Up of Company
How to Close a LLP - Winding Up of LLP LLP or Limited Liability Partnership is a new form of business entity introduced in India through the LLP Act, 2008. LLP enjoys audit exemption, if the annual turnover of the LLP is…
