Civil Procedure Code (CPC)

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Closure of business

One pvt ltd company fails to do annual filling last five year because there was no business operation during the last last 5 years. Now the board want to close the company What is the process for closure and can board do that without filing previous returns?

 1 Replies

Adv. Yogen Kakade (+ 91 9225510883)     23 February 2017

As there were no business operations since last five years, then the returns shall be filed as nill and you can certainly process the colsure of the business at any time.

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