Running a business is never an easy task and sometimes, things might not go according to plan which may result in the closure of the company. There are several reasons a Pvt. Ltd. The company may shut down, like selling of the company, mandatory or voluntary closure or even a defunct company wind up. However, whatever the reason, the directors must abide by certain legal rules and regulations, as per Companies Act, 2013.
There are two ways a Pvt Ltd company can face closure.
- Voluntary Closure: The voluntary closure of a Pvt. Ltd. company requires a long procedure of compliance filing. The circumstances can be anything like the passing of a special resolution signed by a majority of the shareholders or expiry of the duration for which the company was formed.
- Defunct Winding-Up: As per the Companies Act, 2013, if a company is declared as a Dormant Company, the government provides certain relief to wind up the company. This requires the filing of the STK-2 form with the Registrar of Companies.
The procedure of Closure:
- A resolution must be passed with at least 2/3 of the directors agreeing to it.
- The consent of the Trade Creditors is essential.
- The declaration of solvency is then issued.
- The liquidator will then make an application to the Tribunal. A final order must be filed with the ROC.
Sujata Associates is best known for handling complicated legal issues related to business like company closure. With our extensive experience of 20 years, we provide the most efficient legal services at a reasonable cost. During the Covid-19 pandemic, we are providing online services for our valuable clients. Pvt. Ltd. Company closure in Kolkata is now just a click away from you.
Why traders choose us
We are in the field of business for almost 20 years now. Sujata Associates understands that the budget is an essential concern. We help business owners to find the exact service they require. Our consulting experts analyze the need and requirements for the company and provide an absolutely free quote accordingly. We do our best to satisfy our clients.
Sujata Associates is a flexible and experienced business consulting firm. We take pride in providing the best possible services in India with cost-effectiveness the other companies can't match.
Engage with consumers and inspire the media — we ensure brands are seen and heard in all the right places. If there is any issue regarding the service, or our client is having some problems, we are always here to listen. We take time to listen, understand, address, and solve the issue accordingly.
What Our Client's Say
I made the decision to start my own company and didn’t have the experience, knowledge or expertise to do so. After review with many registration consultants, I settled with Sujata Associates Consultancy Pvt Ltd and was pleasantly pleased from the start of this process. Sujata Associates responded quickly and with patience as he answered all of my inquiries as I was trying to make up my mind to move forward, understand the process and what he was offering. I received my information today, later and I am amazed how sweat-less he made this whole process. In the end, he gave me step-by-step instructions and answered more questions that I had. If you are opening up a business, I encourage you to select Sujata Associates to help you along the way.
Sujata Associates Consultancy Pvt Ltd are very knowledgable, friendly and professional! I spoke to a few people who offered similar services but after speaking with Sujata Associates i felt he was the best person for the job. His knowledge and subject expertise helped to make me feel very comfortable putting such an important task in his hands. I would highly recommend his services for all who are interested! . Thorough and very open to explain his intention and allowed me the flexibility to make a change in the preparation of my company registration. He met my needs with knowledge and individual care. I will happily work with him again. Thank you so much, Sujata Associates!
Couldn’t have asked for better! So kind and professional, prompt and generous. Going above and beyond for us. We’ll be sure to remember him if things go as well as we hope going forward. If you’re reading this, it’s well worth it to hire him. Sujata Associates went ABOVE AND BEYOND from the beginning to END! Every question was answered and he even gave me information I wasn’t aware of. I wouldn’t recommend anyone else for the job but Sujata Associates! Thank you, thank you, and thank you again! You’re THE BEST, not only did he do everything as described but he also expedited my and even added in gifts of Logo designs.
I’m so lucky I found Sujata Associates on Net. They are super friendly and extremely professional! The best service ever! Definitely will be using his service again and will recommend it to anyone! Thank you very much, Vince! You are brilliant! Incredible communication. Very outgoing, smart, and easy to work with. They knew exactly what I needed and was able to help with the incorporation of my company. It has been an incredible time working with him. I would highly recommend everyone for company Registration.
It was a real pleasure working with Sujata Associates because of their professionalism and clarity. I needed to register my brand in India, The job was carried out in 2 days which is very fast. For this, it is necessary to diligently provide all required information. If you need any legal services regarding intellectual property in India, don’t hesitate and hire this firm. Sujata associates consultancy private limited was transparent and informative all through. Glad i choose them for my trademark registry.
Sujata Associates did an amazing job! It was my first time ever applying for a trademark for my brand name and logo, I talked with many different law firm but none of them were as helpful and quick to respond compared with Sujata Associates. After consulting with her, she walked me through the entire trademark process, made meaningful suggestions and did not pressure me to buy at all. She wanted to make sure the design was all good with me before starting. She went above and beyond to do trademark searches for me before I even paid! If this is your first time with trademark registration, or if you want to work with a responsible and responsive consultant, I highly recommend Sujata Associates consultancy Private Limited.