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  • Winding Up /Closing Private Limited Company


    What is process for Winding up of Private Limited Company?

    If you are owner of a Private Limited Company Registration and the company is not working as per expectation, there is always an option to close the Private Limited Company. It is always better to close Private Limited Company rather than not getting the mandatory ROC Compliances as it can put Director of Pvt Ltd Company Registration under legal issues.

    The time taken for Private Limited Company Registration closure is approximate 4 weeks and it requires all the documents of Pvt Ltd company registration such as COI, MOA, AOA etc. Also all the existing directors and shareholders of the Pvt Ltd Company Registration should give their consent to close Private Limited Company. Private Limited Company Registration closure at MaxBusiness starts from Rs 16,500/-


    What is included in Closing Private Limited Package?

    • Director’s affidavits for dues
    • Board Resolution Drafting
    • Indemnity Bond
    • Statement of Account Preparation
    • ROC Fees
    • Closure of Company

    Procedure for Company Closure Service

    Documents Required For Company Winding up?

    • Information about Company
    • Affidavits drafted by MaxBusiness to be signed
    • No Dues documents to be signed by Directors

     

    Advantages of Closing Private Limited Company

    Avoiding compliance

    It is better for Company to be closed rather than not filling the ROC compliances and MCA dues. It absolves directors from any legal actions which may arise later on.

    Avoid Fines

    A Company that doesn’t file its compliance on time incurs fines and penalty, including debarment of the Directors from starting another LLP or Company.

    Low Cost for Closure

    A Private Limited Company can be wound up easily through us at low cost with expert advice. On the other hand, a dormant Company or non-compliant Company could potentially acquire more penalty, if compliance is not maintained every year.

    Easy To Close

    The formalities for winding up of a dormant company are relatively simple and easy to complete. Hence, its best to close an inactive company at the earliest.

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