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What are the main checklists needs to be considering before closing of the Company ?

 

  • The company has filed its upto date all the financial statements and annual return with the Registrar of Companies.
  • The company does not have any management disputes or there is no litigation pending with regard to management or shareholding of the company.
  • No order is in operation staying filing of the documents by a court or tribunal or any other competent authority.
  • the company is not a company incorporated for charitable purposes under section 8 of the Companies Act, 2013 or section 25 of the Companies Act, 1956
  • The company is neither listed nor delisted for non-compliance of listing agreement.
  • is being wound up under Chapter XX of this Act or under the Insolvency and Bankruptcy Code, 2016.
  • No inquiry, technical scrutiny, inspection or investigation is ordered or pending against the company.
  • No prosecution or any compounding application for any offence under the Act or under any of the other Acts is pending against the company or against the undersigned.
  • A company has failed to commence its business within one year of its incorporation.
  • The company is not carrying on any business or operations as revealed after the physical verification carried out under section 12(9) of the Act.
  • Company is not carrying on any business or operation for a period of two immediately preceding financial years and has not made any application within such period for obtaining the status of a dormant company under section 455.

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