There are a number of companies, which are registered under the Companies Act, 1956/2013, but due to various reasons they are inoperative since incorporation or commenced business but became inoperative or defunct later on. A company requires various compliances like the appointment of Auditor, the regular filing of income tax return, annual return filing and more. Failing to maintain compliance for a Company could result in fines and/or debarment of the Directors from incorporating another Company. To enable inactive private limited companies to quickly close or wind up, the Ministry of Corporate Affairs has introduced Fast Track Exit Mode - an easier way to close inactive companies at a cheaper cost with lesser formalities. Venture Care can help you guide through the procedure for the closure of your company quickly and easily.
1. Copy of e-forms FTE(for private limited or OPC)/e-form 24(For LLP) as the case may be filed with the Registrar of Companies
2. Copy of the payment challans of e-form FTE(for private limited or OPC)/ e-form 24
3. Proof from Registrar of Companies that the company or LLP has been striking off from their record
A company that doesn't file its compliance on time incurs fines and penalty including debarment of the Directors from starting another Company. Hence, it is better to officially wind up a company that is inactive and avoid potential fines or liabilities in the future.
• Low Cost
• Easy to Close
• Fast to Close
• Avoid court processes
• Legal action is halted
• Outstanding debts are written off
• Protection from Personal Liabilities to directors
Fast track exit used can be used close a company that is not active and avoid compliance responsibilities.
"If you are not satisfied for any reason, we will refund your money minus the Government fees. No questions asked"
All-inclusive fees
All-inclusive fees
All-inclusive fees
• 24/7 SUPPORT
• SAME DAY FILING
• MONEY BACK GUARANTEE
• FREE EXPERT CONSULTANCY
• ALL INDIA ONLINE SERVICE
• GET A CALL BACK IN 30 MINS
• COMPLETE ONLINE ASSISTANCE
• ONE-STOP SOLUTION FOR ALL YOUR BUSINESS NEEDS
OBTAINING INFORMATIONWe collect all the required information in order to apply under the fast track exit scheme. Kindly contact us to know the pre-requisites for applying under fast track exit scheme. Get Started |
DOCUMENTATIONWe draft the required documents and provide you with them for authorization. These documents include board resolutions, indemnity bonds, affidavits, statement of accounts etc. Get Started |
AUTHORIZATIONYou will have to authorize the documents and provide us soft and hard copies of the same. Stamp Duty shall also be paid at this stage. Get Started |
FTE APPLICATIONIn this stage, we file for the Fast Track Exit scheme for your company by paying the requisite fees on the government's website. This initiates your process for getting the company closed. Get Started |
