FincomIndia

Private Limited Company - Winding Up

Winding up a private limited company is uninteresting, but necessary, procedure. Without doing so, you would need to annually meet the requirements of the Registrar of Companies (which means spending money on audit and compliance's).
From Rs 19,999/- Inc. of all taxes

A company is a legal entity and a juristic person established created under the Companies Act. Therefore, a company required regular maintenance of Compliance throughout its The non compliance of a Company leads to heavy fines and penalties and if the company is incurring heavy losses or not operating properly,then it is better to wind up the company and look for a new beginning.

A company is a legal entity and a juristic person established created under the Companies Act. Therefore, a company required regular maintenance of Compliance throughout its The non compliance of a Company leads to heavy fines and penalties and if the company is incurring heavy losses or not operating properly,then it is better to wind up the company and look for a new beginning.

Salient Features of Private Limited Company - Winding Up

Statutory Compliance

Upon closure of business, the private limited company must be properly winded up. This ensures that the entrepreneur doesn't have to perform statutory compliances anymore.

Impact of Non Compliance

There are very stringent provisions currently, which provides that in case of non-compliance, the directors will be prohibited to be director in any other company. In case of closure of one business, it is suggested that the company must be immediately winded up.

Clearance from Statutory Authorities

Once the company related to your closed business is winded up, you are at peace of mind that no surprises of demands and non-compliances will come your way and trouble you in future.

Transparent And Competitive Pricing

BASIC STANDARD PREMIUM
Winding Up under Fast Track Exit with 2 Directors and Nil Transactions from Beginning
Winding Up under Fast Track Exit with 4 Directors and Transactions Upto 10 Lacs from Beginning
Winding Up under Fast Track Exit with 4 Directors and Transactions Upto 50 Lacs from Beginning
Rs. 25,000
Rs. 19,999
Inc. all taxes
Rs. 40,000
Rs. 34,999
Inc. all taxes
Rs. 75,000
Rs. 64,999
Inc. all taxes
Delivery Process

1. Order Confirmation

Once you confirm the order online one of our executives will get in touch with you to explain all the requirements.

2. Submission Of Documents

We have a facility to pick up documents from your door step at more than 6000 Pin Codes across India. As soon as your documents are ready, we will pick it up from your door step at a date and time as per your convenience.

3. Drafting Affidavit

Our experts will draft the affidavit for company closure and ask for your approval.

4. Filing Financial statement

we will file your latest financial statement,with MCA.

5. File Documents

We shall then,send your documents to you via Courier.

6. Hurray......It's Done

You can now legally close your Pvt.Ltd.firm.

Frequently Asked Questions
When existence of the Company as a legal entity comes to an end it is known as the Closure of the Company.
Closure of the company is done voluntarily and is done through the fast track exit scheme. Winding up of the company may be voluntary or by the order of the Court by appointing an official liquidator to monitor the process of winding up. • Dissolution is initiated by the Court for ending the legal existence of the Company.
It is necessary to file Closure with the ROC as ROC or MCA data base need to be updated and the Company is free from all its legal compliances as it is officially closed. Even though business of the company is closed, unless closure documents are filed and approved by the ROC, company is not legally closed and the company needs to file all the regular returns.
FTE is a company closure scheme initiated by MCA for easy and faster closure of Company.
A resolution of Directors approving the closing of the Company and the same being declared with the condition that there are no pending debts is a key requirement for filing the voluntary closing of the Company.
There are two main criteria:- •The company applying under FTE should not have any asset and liability. •The company should not have commenced any business activity or operation since incorporation or at least one year must has been passed since last business activity or operation.
A defunct company, meaning that has not been carrying any business activity or operation since incorporation or for last one year and having NIL assets and liabilities can apply for winding up under the Fast Track Exit scheme.
After filing the application with the Ministry of Corporate Affairs, it takes about 90 days for striking off the Company from MCA records.
ROC will publish list of companies struck off in the Official Gazette. The Company under fast track exit mode will be considered closed from the date of publication of the notice in Official Gazette.
A company having loans cannot be dissolved under Fast Track Exit mode. To be eligible for the Fast Track Exit scheme, the Company must have NIL assets and liabilities.

Our Presence

Check Availablity in your area

FinComIndia has capability to serve at your door step at more than 6000 Pin Codes across. You have the opportunity to avail our world class services sitting at your home or office itself. This service is free of cost for all the customers. We practically cover the whole of India. Kindly check in the box above for availability of door step services in your city.

Reasons to choose FinComIndia?

PROFESSIONAL EXPERTISE

FinComIndia has a team consisting of more than 75 experts of varied domains which enables us to deliver high quality of services. All our staff is well trained and regularly updated with all relevant statutory changes.

DOOR STEP SERVICES

We pick up all the required documents right from your door step at your preferred time and date and also deliver back the original documents / certificates to your address.

NATION WIDE REACH

We have capability of providing our services across more than 6000 Pin Codes in India. This makes us the front runner in Nation wide reach.

BEST PRICE

We are upfront with our pricing with no hidden fees, Also lowest pricing through automation and technology.

Money Back Guarantee

If you are not satisfied with our work, we will refund the money after deducting the statutory fees paid and other administrative charges.

100% Customer Satisfaction

With our quality of services and professional expertise, we guarantee 100% customer satisfaction.

Giving Back to the Society

In our endeavour to give back to the society, we donate 1% of our profits to various charitable and environmental causes.