Letter For Dormant Company
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FAQ
Suppose Company wants to start the operations after two years but the land prices today are very cheap and the same would be very costly after two years. Hence company will buy the land and hold it for two years and thereafter start the company, until that time, company apply for dormant status.
Dormant refers to the state of being temporarily inoperative or dormant. A dormant company is one which has been registered under the Companies Act, 2013 but does not have any ?significant accounting transaction? or is an ?inactive company? which has been applied to Registrar to be declared as a dormant company.
Procedure for registering as a dormant company The company must first conduct a General Meeting of the Board and pass a special resolutions for applying to become a dormant company or send notice of the same to all shareholders and obtain consent of atleast 3/4 of the shareholders in value.
For the purposes of sub-section (1) of section 455, a company may make an application in Form MSC-1 along with such fee as provided in the Companies (Registration Offices and Fees) Rules, 2014 to the Registrar for obtaining the status of a Dormant Company in ance with the provisions of section 455 after passing a ...
To obtain the status of dormant company, different forms are filed are: MSC-1 (Application for obtaining status of a dormant company) MSC-2 (Certificate by Registrar for grant of status of a dormant company) MSC-3 (Return of dormant companies) MSC-4 (Application for seeking the status of an active company)
