Description

The order of winding up shall prescribe: The duty of such persons to submit the complete audited books of accounts up to the date of the order. Provide the date, time and place for the Company Liquidator. Surrender the assets and the documents of the assets to the Company liquidator.

1. Hold Board Meeting to discuss and decide for voluntary strike off u/s 248(2);
2. Pay off all the liabilities before holding EGM;
3. Convene EGM for passing special resolution;
4. File Special Resolution in MGT-14 within 30 days;
5. File STK-2 form alongwith following documents:

If the company owes money to a director, then that sum can be withdrawn at any time without incurring any tax liabilities. All transactions must be recorded in a director’s loan account. At the end of the financial year, this record must also be recorded on the balance sheet of your annual accounts.