lex-o-pedia
What Is the Regulatory Framework Governing a Dormant Company?
Dormant companies, under Section 455 of the Companies Act, 2013, can temporarily pause operations while retaining assets and reducing compliance. By meeting specific requirements, they can regain active status within five years or risk being struck off by the Registrar of Companies.
lex-o-pedia
What Is the Regulatory Framework Governing a Dormant Company?
Dormant companies, under Section 455 of the Companies Act, 2013, can temporarily pause operations while retaining assets and reducing compliance. By meeting specific requirements, they can regain active status within five years or risk being struck off by the Registrar of Companies.