Close Private Limited Company
Running a business comes with its own challenges. Sometimes when things do not work out a business may have to be shut down. There can be several reasons to close or wind up the company.
Requirement for closure of company -:
- Pass an ordinary resolution in Board of Directors meeting.
- There should be no business activity from the day when resolution is passed
- Declaration by members stating there is no debt pending on company and the required forms are filed.