Apply for Complete Closure of Private Limited Company by India’s Recommended CA Panel
Get 360° Online Assistance for Fast Approval from the Govt. of India and Registrar of Companies (ROC) for Pvt. Ltd Company Closing Down / Winding Up Process.
Registration for Winding Up Process
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At different stages of the company life cycle, a director or the shareholders may decide to close down the organization for numerous reasons. Get the country’s recommended CA Panel’s assistance from Online Legal India™ to complete the required legal steps following the provisions of Section 2(94A) in the Companies Act, 2013 and the Registrar of Companies (ROC).
As per the Companies Act, 2013 and the ROC, the winding up process can be initiated by various parties of the concerned organization:
- The Company itself
- The Director(s) of the Company
- Shareholders of the Company
- A Business Creditor / Contributor of the Company
- State / Central Govt. / ROC (in case of conducting any illegal actions or fraud by the Company)
- Country’s most Efficient CA panel will be Managing Company Winding Up Procedure
- In-house Advisory Panel always available for in-depth Business & Legal Assistance
- Step-by-step Online guidance to get completed with Company Winding Up Process
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- Economic Condition
- Low Profits
- Tough Competition
- Management Issue
- Health Issues of Director
- Lack of Capital
- Unanticipated Event
If a private limited company wishes to close down all its business operations, bank accounts and winding up the organization, the management of the organization (Including the directors, agents, investors, shareholders, etc.) is required to follow the procedure of the Companies Act, 2013, and the Registrar of Companies (ROC).
Failing to do so, the liable individual would face civil or criminal offense as per Section 284 – 356 of the Act. The law enforces imprisonment of upto 5 years or a fine of Rs. 10 Lakhs or both.
Who Can Apply for FSSAI Modification?
As per the latest Notice issued from FSSAI FoSCoS authority, only selected categories of FBOs can now apply for a Modification. They are namely:
- Any Registered Food Business Operator
- Food Manufacturers
- Food Processing units
- Food Repackers
- Food Re-labellers
- Food Distributors
Packages
Basic
999
- 1 Modification Application in the Food Product Category
- Call, Chat, Email Support
- Drafting of Modification Application
Standard
1499
- 1 Modification Application in Food Product Category / Business Location / Business Type
- Call, Chat, Email Support
- Drafting of Modification Application
- Dedicated FSSAI FoSCoS Expert
Premium
1999
- 1 Modification Application in any Given Information on the Food License (Owner Name, Business Location, Business Category, Food Product Category, Change of Business)
- Call, Chat, Email Support
- Drafting of Modification Application
- Dedicated FSSAI FoSCoS Expert
How we work?
Filling up the Form and Completing Payment
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Our Specialised CA Panel will calling you for details
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Upload the Documents & Details as requested over call
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The Expert will Prepare and ask for Your Approval for Company Winding Up process
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Filing and Processing of Company Winding Up will be Done!
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Required Documents for Complete Private Limited Company Winding Up
As per the provisions of the Ministry of Corporate Affairs (MCA) & Registrars of Companies (ROC), a private limited company can shut down as per below 2 categories:
Striking Off the Name in Fast Track Exit
- Copy of Board Regulation showing authorization given for filing this application
- Private Limited Company Incorporation Certificate
- Brief Description of the Main Object in Company MOA
- Any litigation pending before tribunal
- CA’s audit report on the company’s accounts, assets and liabilities
- Most recent statements of the Company’s Accounts, Assets, Liabilities
- Indemnity Bond (to be given individually by the company directors)
- Affidavit of the company directors as per annex-A
- NOC Copy from concerned Administrative Body/Ministry/Govt.
- Copy of relevant order for delisting from concerned stock exchange
Removing Name from ROC Records
- Copy of Board Regulation showing authorization given for filing this application
- Company Incorporation Certificate
- Brief Description of the Main Object in Company MOA
- Any litigation pending before tribunal
- CA’s audit report on the company’s accounts, assets and liabilities
- Most recent statements of the Company’s Accounts, Assets, Liabilities
- Indemnity Bond (to be given individually by the company directors)
- Affidavit of the company directors as per annex-A
- NOC Copy from concerned Administrative Body/Ministry/Govt.
- Copy of relevant order for delisting from concerned stock exchange
- Govt. Fees: Rs. 10,000
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FAQ
The pvt ltd company winding up process can be done by either the company’s concerned parties like Director(s), Shareholders, Creditor(s) or the State / Central Govt. along with the Registrar of Companies (ROC).
In India, the Registrar of Companies (ROC) overviews the company winding up procedure as per the provisions of the Companies Act, 2013. Section 2(94A) of the Act was enacted on the grounds of the quondam Companies Act, 1956 of the India Govt.
If a company closes down its entire business operation and decides to close down, the employees of that organization will be without a job! However, the employees have legal rights to ask for the leftover claim / credits from the particular company.
Generally, the legal process of the company closing down takes around 2 years to be completed. It may vary in cases based on the complexity of the issues related with the particular organization.
No. Once applied for the private limited company closing down process and the legal procedure gets started, the particular organization cannot run business operation, fund allotment, or any business related work anymore.
Yes. If any company’s name is removed from the Registrar of Companies (ROC) and the Ministry of Corporate Affairs (MCA), it can be used by any other entity in future.