Closing a Private Limited Company

A tedious, but very necessary, procedure that can even take over a year to complete.

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Closing a Private Limited Company

WHY Eformation

1k Businesses Monthly

We complete the secretarial jobworks for over 1000 companies and LLPs every month with a small team, by leveraging our tech capabilities. Come on board and experience convenience.

9.1 Customer Score

We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

Strong Team

Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.

WHAT IT INVOLVES

Public Accountant

A public accountant would be appointed by the court as a liquidator. The powers of the directors would devolve upon this person and he would be primarily responsible for accumulating all the assets of the company and paying off its debts. The surplus would then be distributed among the members.

Documents Required

A statement of account has to be prepared, stating that there are no assets and liabilities except share capital and profit and loss debit balance. An affidavit and indemnity needs to be executed by all directors. If there is any unsecured loan, a waiver letter should be submitted.

Founded by young, dynamic and well qualified professionals, Eformation provides a complete range of integrated IT & legal support services to worldwide legal community and helps our clients in receiving value for money.



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