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    <title>DORMANT COMPANY</title>
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    <description>The statutory scheme under Section 455 and the Rules permits companies formed for future projects or to hold assets to obtain dormant company status if they have had no significant accounting transactions; ineligibility includes ongoing investigations, prosecutions, outstanding deposits or loans, management disputes, unpaid statutory dues, workmen&#039;s dues, and listed securities. Applicants must pass a special resolution, file Form MSC-1 with professional verification and fee, and the Registrar issues a certificate and maintains a register. Dormant companies must maintain director minimums, file audited annual returns in Form MRC-3, and follow Form-based procedures to reactivate; the Registrar may strike off companies found functioning.</description>
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    <pubDate>Thu, 13 Nov 2025 08:15:55 +0530</pubDate>
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      <description>The statutory scheme under Section 455 and the Rules permits companies formed for future projects or to hold assets to obtain dormant company status if they have had no significant accounting transactions; ineligibility includes ongoing investigations, prosecutions, outstanding deposits or loans, management disputes, unpaid statutory dues, workmen&#039;s dues, and listed securities. Applicants must pass a special resolution, file Form MSC-1 with professional verification and fee, and the Registrar issues a certificate and maintains a register. Dormant companies must maintain director minimums, file audited annual returns in Form MRC-3, and follow Form-based procedures to reactivate; the Registrar may strike off companies found functioning.</description>
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