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The time period required for winding up of Company shall depend upon various factor, however, based on our past experience it takes around 3 to 6 months to obtain a closure certificate from the department.
Convene a Board meeting and pass a resolution for winding up a company Issue a notice for calling General Meeting to take the approval of shareholders of the company In General meeting pass an ordinary resolution for winding up Take the NOC from the creditor of the company File the application along with the respective documents as mentioned above to the registrar of companies Appropriate Government fees is payable depending upon the authorized capital of the company.
Consent letter from all shareholders and directors Affidavit from all the directors Indemnity bond from all directors PAN card of Company PAN card of all the directors. Aadhar card of all the directors Special resolution passed by the company for the winding up Application to ROC for winding up Statement of asset and liabilities duly certified by the Chartered Accountant Latest Income tax return filed by the company Closure letter of all the Bank accounts operated by the Company. All the registration Certificates obtained
Completion of all pending compliances Disposing off all assets and settling all liabilities Nil transaction in company’s bank account(s)for atleast three months
The company becomes exempted from undertaking various applicable and onerous compliances. The company and its directors may avoid hefty penalties arising due to various non-compliances.