Closure of Private Limited Company

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Closure of Private Limited Company

Are you facing many complications and challenges to run your business smoothly ??? Does your business experienced continuous losses since long ??? Closing your business is a best legal solution for such situations.

Sometimes it may happen that, things would not work as expected and your business may suffer a huge loss. As a result of this situation, you may fail to file mandatory compliances and heavy penalties would be charged. To avoid those heavy penalties, it is better to close your private limited company or sell it or transfer it to another person or company.

Legal Solutions to Close a Private Limited Company:

Following are the possible legal solutions by which a private limited company can be closed:

 

  • Sell Your Company:

 

Selling a private limited company can be done by selling the major shares of the company.  

 

  • Mandatory Winding Up:

 

If any company registered under Companies Act, 2013, found contributing to any kind of fraudulent or unlawful activities or did any such acts on its own, then as per section 270 of the Companies Act, 2013, such company would be closed compulsorily by the Tribunals or Members.

 

  • Voluntary Winding Up:

 

Shareholders of company can wind up private limited company voluntarily at any time. All the outstanding dues of the company must be settled before winding up.

 

  • Defunct Company Winding Up:

 

Any private limited company which has gained position of dormant company is called as Defunct Company. Such company can use Form FTE to strike off its name from the register of Registrar of Company.  

Contact Envizi now and close your private limited company quickly, legally and easily and get yourself out of legal compliance  bindings and free yourself , if you no longer wish to continue in the company.

Relax We Will Help You Plan

Get your personal assistant to find the right solution, just sit back and relax.

Why Choose Us

ENVIZI is a trusted name among entrepreneurs and professionals for event based compliances. Many reputed businesses and entrepreneurs relied on us for their event based compliances like add a director, remove a director, add a partner, change in name, change in address, agreement modifications, closure of company etc. due to our timely, cost-effective and transparent legal services. We are well familiar with all the event based compliances. Submitting compliances correctly and on time is most important thing behind any legal conversion. Many companies have trusted ENVIZI by signing an Annual Maintenance Contract (AMC) packages with us as per their needs and have being able to concentrate on increasing their sales and expansion rather than worrying about the compliance. We will assign a dedicated Legal Manager to maintain the track of your closure application. You can get in touch with your legal manager at any time for your legal needs through Email / Skype / Whatsapp.

Hurry Up !! Contact Envizi now and get your closure done without any legal hassles.