Company Closure in Vadapalani

Company Closure in Vadapalani - Filingpoint

Welcome to Filingpoint Top most consultant for Company Closure Expert +91 72999 72500

A number of factors can lead to the closure of a company in Filingpoint. This could include financial difficulties, legal or regulatory challenges, or changes in the market that make the company's products or services obsolete. Company closure can also be a strategic decision by the company's management to focus resources on other projects or to redirect investments into more promising opportunities.

The Greater Chennai Corporation has started pulling down an unauthorised four-storey residential building in Vadapalani where a family of four died in a fire last year. This was after the Madras High Court asked the Corporation Commissioner to appear before it on a series of writ petitions filed by residents of the area.

The writ petitions were moved by six vendors evicted from shops sealed by the Corporation without following proper procedures. The vendors have been paying taxes and rents to the Corporation, but were not allowed to run their businesses. The petitioners claimed that the shops were being used by employees of Taiwanese electronics manufacturer Foxconn, which has been accused of exploiting its workers.

The process of company closing involves filing a report with the Registrar of Companies (ROC). There are various requirements that must be met to ensure that the report is complete and accurate. These requirements include: an authorized board resolution stating that the company will be closed, a notice to the ROC for the appointment of a liquidator, and a statement of affairs prepared by the liquidator showing all assets and liabilities of the company at the time of closure.

Contact Our Filingpoint team Company Closure expert +91 72999 72500

Comments

How to Incorporate a New Limited Liability Partnership Registration India

How to Incorporate a New Limited Liability Partnership Registration India Incorporating a new Limited Liability Partnership (LLP) is a popular business structure in India. An LLP offers several benefits such as tax efficiency and limited liability of the partners. It is relatively easy to set up compared to setting up a Private Limited Company and the registration process can be completed online from the comfort of one's home or office. The key steps involved in the process are reserving the name, filing Form 2, and paying the requisite fee and stamp duty. The first step involved in registering a Limited Liability Partnership is obtaining the Digital Signature Certificate of the designated partners. This is because all the documents filed for LLP online require DSC to be authenticated. A DSC can be obtained from government recognized certifying agencies. The cost of acquiring a DSC varies depending on the certifying agency. Once the DSC is obtained, a self-attested c...

Startup India Registration in Nungambakkam - Filingpoint

Welcome to Filingpoint Top most consultant for Startup India Registration Expert +91 72999 72500 DPIIT (Department for Promotion of Industry and Internal Trade) introduced the Startup India scheme to encourage innovation within businesses. The scheme allows startups to avail of several advantages including exemption from income tax, money earns exception and eased norms with regard to public procurements. To be recognized as a Startup, the firm/entity must be working towards development or improvement of products/services and have a scalable business model with high potential for wealth creation and employment generation. Startup recognition is granted to entities that are incorporated as private limited company or as a registered partnership firm or a limited liability partnership. They must not be more than 10 years old and should not have been formed by splitting up or reconstruction of existing commerce. They should also have a turnover of less than Rs 100 cr...

How to Register Software Company in Arcot, Vellore

Call Our Consultants Experts for Software Company Registration in Arcot, Vellore at +91 72999 72500 Introduction: Registering a software company in Arcot, Vellore is a streamlined process with Filingpoint, a trusted firm with over 13 years of experience in company registration. For just Rs 999/- , Filingpoint offers comprehensive company registration services, along with free consultation to guide you through every step. How to Register Software Company in Arcot, Vellore To start, you'll need to decide on the type of company you wish to register, such as a Private Limited Company (Pvt Ltd), Limited Liability Partnership (LLP), or a One Person Company (OPC). Each type has distinct advantages, so choosing the right structure is crucial. Next, you'll need to gather the necessary documents. Typically, this includes identity proofs and address proofs of the directors, passport-sized photographs, a PAN card, and proof of the company's registered address. Ensu...

CompanyMaster.in

Search This Blog