Winding Up One Person Company In India

Sometime The Only Alternative Left Is Closing Of Company . Get Expert Guidance Now

Closing a one person company

Winding up one person company One person company is a company which is run by the sole owner. One person company is a separate legal entity from its members.
Requirement for closing one person company
1)Closing of a one person company can happen either voluntary or by the order of the Tribunal. Any company can apply for its closing if it is inoperative for more than a year from the date of its incorporation, that company can apply for its closure.
2)For closure of its company it is mandatory to file closure application with the registrar so that the company is free from all legal compliances and is officially closed.

FAQ

Common List Of Questioner That Our Customer Ask From Us -Solved !
What Is The Procedure for One Person Company Closure ?
The following documents are required to be submitted for the closure of one person company-

-The company which wishes to close it company must move one application to registrar for its closure.
-Company must submit the resolution of its closure which is approved by its board members.
-Consent of Directors must involved in the closure of its closure.
-Director’s Affidavit is required
-Indemnity bond
-Statement of assets and liabilities
Is filing an application of closing with ROC is must?
Yes, it is necessary to file closing application with the registrar as it needs to be updated and the company is free from legal compliances and offically closed.

What Is The Time Limit To File The Closing Of One Person Company Closure Documents To Registrar Of Companies?
Within 30 days from the date of signing of the statement of assets and liabilities, the form is to be filled and submitted

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