https://www.taxtmi.com/article/detailed?id=5683 The Act permits companies formed to hold assets or otherwise inactive to obtain dormant company status where they are inactive and have not made any significant accounting transaction (excluding routine statutory or maintenance payments). Eligibility requires absence of investigations, prosecutions, public deposits, outstanding loans or statutory dues, and a special resolution; an application in the prescribed form with supporting certificates and fee is filed with the Registrar, who issues a certificate and records the company in the Register of Dormant Companies. Retention requires minimum directors, an annual Return of Dormant Company with audited financials and fee; reactivation or strike-off follows prescribed procedures. en-us Tue, 24 Jun 2014 07:57:13 +0530 Tue, 24 Jun 2014 07:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5683 The Act permits companies formed to hold assets or otherwise inactive to obtain dormant company status where they are inactive and have not made any significant accounting transaction (excluding routine statutory or maintenance payments). Eligibility requires absence of investigations, prosecutions, public deposits, outstanding loans or statutory dues, and a special resolution; an application in the prescribed form with supporting certificates and fee is filed with the Registrar, who issues a certificate and records the company in the Register of Dormant Companies. Retention requires minimum directors, an annual Return of Dormant Company with audited financials and fee; reactivation or strike-off follows prescribed procedures. Articles Corporate Laws / IBC / SEBI Tue, 24 Jun 2014 07:57:13 +0530 https://www.taxtmi.com/article/detailed?id=5683