Closing a ltd company | Venture care

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Venture care can help you guide through the process for winding up a limited company or how to close a limited company easily & also helps in the closing a ltd company.

COMPANY CLOSURE SERVICES IN INDIA
There are a number of companies, which are registered under the Companies Act, 1956/2013, but due to various reasons they are inoperative since incorporation or commenced business but became inoperative or defunct later on.
closing a ltd company

A company requires various compliances like the appointment of Auditor, the regular filing of income tax return, annual return filing and more. Failing to maintain compliance for a Company could result in fines and/or debarment of the Directors from incorporating another Company. To enable inactive private limited companies to quickly close or wind up, the Ministry of Corporate Affairs has introduced Fast Track Exit Mode - an easier way to close inactive companies at a cheaper cost with lesser formalities. Venture Care can help you guide through the procedure for the closure of your company quickly and easily.

WHAT ALL YOU GET?
Copy of e-forms FTE(for private limited or OPC)/e-form 24(For LLP) as the case may be filed with the Registrar of Companies
Copy of the payment challans of e-form FTE(for private limited or OPC)/ e-form 24(For LLP)
Proof from Registrar of Companies that the company or LLP has been striking off from their record
Closing a ltd company

ADVANTAGES OF CLOSING COMPANY UNDER FAST TRACK
Avoid Compliance -
Fast track exit used can be used close a company that is not active and avoid compliance responsibilities.
Avoid Fines -
A company that doesn't file its compliance on time incurs fines and penalty including debarment of the Directors from starting another Company.

Hence, it is better to officially wind up a company that is inactive and avoid potential fines or liabilities in the future.
• Low Cost
• Easy to Close
• Fast to Close
• Avoid court processes
• Legal action is halted
• Outstanding debts are written off
• Protection from Personal Liabilities to directors

Get to know about how to close a limited company here .
 
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