Question ID :
40486
CLOSURE OF A PVT LTD COMPANY
How to close a pvt ltd company, lying closed since long. Some fixed assets and current assets with liability exist in the last audited balance sheet. The same can be transferred in the name of Directors or squared off. How to proceed for closure?
Posted by
SURAJ KUMAR CHOUDHURY
on
Nov 28, 2019
Filed Under
Companies Act, 2013
You have to go by the process of voluntary liquidation after setting of all the liabilities of the company or you have to demonstrate that the company is in a position to pay its debt in full.
Posted by
CA. JHA SHANKAR KUMAR on
Aug 11, 2022