Share documents and requirements Passing the board
Share your requirements and the list of documents mentioned below.
Efficient and professional support throughout! Wazzeer’s experts simplified complex accounting tasks, proving their dedication to customer satisfaction. Moreover, their responsiveness to queries and updates on the progress were impressive. Wazzeer’s comprehensive services were worth every penny invested. I can wholeheartedly recommend Wazzeer to anyone seeking reliable and efficient legal solutions for their business needs.
Priyank Tiwari
Co-Founder and CBO at Nutritap
Outstanding legal advice! Wazzeer’s team of experts proved to be true professionals, guiding me flawlessly through the intricate incorporation process. From the initial consultation to the final paperwork, they displayed remarkable expertise and dedication. Their personalized approach and attention to detail instilled confidence in me, making the entire experience stress-free.
Marc Rouhana
Co-Founder and CEO at Onscreen
Compliance worries? Not anymore! Wazzeer’s compliance services are reliable and saved me time and effort. Impressed by their efficiency!
Atul Shree
Founder at Convin.ai
Accounting made stress-free! Wazzeer’s experts streamlined my finances, maximizing my tax benefits. A trustworthy platform for entrepreneurs. Thanks a lot to the entire team.
Sreedhar Bevara
CEO at BMR Innovations
Wazzeer exceeded my expectations! Their legal team swiftly resolved my contract issues, ensuring a seamless experience. Highly recommended for top-notch service!
Abhijit Roy
Co-founder and CEO at Golden Pi
We have been very pleased with the services being offered by Wazzeer.com. Best part is that you have a dedicated account manager who takes care of all your legal, accounting, compliance, audit related services, so instead of dealing with 4-5 professionals you deal with just one individual.
Vaibhav Pandey
Co-founder at I2I Funding
What is Closing a Company?
Winding up is a tedious process and can be done either voluntary by calling up a meeting of all stakeholders and passing a special resolution or can be done on the order of Court or Tribunal. Strike Off mode was introduced by the MCA to give the opportunity to the defunct companies to get their names struck off from the Register of Companies.
Process Flow
Step 1
Step 2
Passing the board resolution
A board meeting needs to be conducted and a resolution needs to be passed for closing the company
Step 3
Wazzeer will share draft documents
Wazzeer team will prepare draft documents on which signatures will be required of current directors/shareholders
Step 4
Wazzeer will obtain Indemnity bond and Affidavit bond
Indemnity and Affidavit Bond has to be duly notarised by all directors
Step 5
Clients to share executed documents
Clients would have to sign and seal necessary documents and send to us
Step 6
Filing of e-form with ROC
We will help with filing and submitting e form to Registrar of Companies for closing foreign subsidiary
Step 7
Sharing deliverables
We will provide Resolution, filed e forms and challan
Documents required
- Copy of Bank account closure certificate from Bank
- Affidavit
- Indemnity Bond
- KYC documents of all directors
- Statement of Accounts from CA (NIL Balance sheet)
- Closure Resolutions and declarations or Consent from Members and Directors
Deliverables
- Resolutions and Filed e-Forms
- Challan
Why choose Wazzeer?
-
One platform for all your requirements
Incorporation is just the first step. Wazzeer supports you throughout your journey as an entrepreneur. Log in to get things done efficiently. A dedicated Account Manager offers the required human touch and acts as an advisor to you.
-
Experienced professionals
Our professionals have at least 5 years of experience and have incorporated thousands of companies among them. The rich experience ensures that the process is smooth and right in the first go.
-
Defined process
Over the last few years, doing over 500 incorporations, we have defined every step of the process. A virtual process is in place enabling us to deliver hassle free experience for you.
-
Cost Effective
You pay what you see in the proposal. No surprises or hidden charges.
Frequently Asked Questions
We are no longer in active business. I do not wish to spend on closing the company. Can I leave it without filing for closure?
If you don’t close your company then you have to do the monthly and annual filings for your company and If a company doesn’t do any filings for 2 years the company will be struck off by the ministry, the directors will be disqualified, in order to restore the DIN, they will have to apply with the national company law tribunal.
Hide details
Right now I do not want to continue with my company but would want to restart in a couple of years should I close and restart or do I have any other option?
There is an option called dormant company, which provides an option of holding an asset/intellectual property without having significant accounting transactions. You just have file for an annual accounting and compliance. And you can reactivate the company once you feel like you can start the business.
Hide details
Since our company is no longer in active business, I have lost touch with the other directors and shareholders can I go ahead and close the company without their signatures?
No, even if you are one of the directors or shareholders you still need the approval of other directors and shareholders before closing a company. Only after passing a board resolution it is possible to close a company.
Hide details
We registered a company but we never started the business. Do we still need to complete all the filings before we file for closure?
Before striking off the company you need to complete all the pending compliances, after completing all the compliances only you can file for a closure.
Hide details
What are the prerequisites to close a company?
The requirements to close a company are 1) you need to file a certificate of dissolution with the state 2) you need to notify the IRS and state and local tax agencies, 3) cancel all the business license 4) notify the creditors about closure. Settle the creditor’s claims 5) Collect all the money owed to the business 6) inform all the stakeholders about the closure.
Hide details