FAQs on Section 8 Company Closure
How to strike off or wind up a Section 8 Company?
The detailed procedure of closure of a section 8 company involves various steps such as Convening a general meeting, Appointing a liquidator, Settle debts and liabilities, Distribute assets, File closure application, Obtain section 8 company closure certificate.
What are the documents required for Section 8 company closure?
The documents required for closure of section 8 company are Certificate of Incorporation, Memorandum of Association (MOA), Articles of Association (AOA), Last audited Balance sheet and profit & loss account, Audit report, Copy of newspaper advertisem*nt, Digital Signature Certificate (DSC) of existing directors, Copy of notice sent to the members for calling an extraordinary general meeting (EGM), Copy of special resolution (SR) approving winding up, Copy of list of creditors, Copy of an explanatory statement, Copy of advertisem*nt in the format of INC-19.
What is the total Cost incurred for closure of Section 8 Company?
The total fee for closure of section 8 company is which includes government fee as well as professional fee of professional utilities.
Why is it required to close a section 8 company?
The closure of a section 8 company is required due to various reasons such as financial factors, operational factors and external or natural factors.
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