Pvt Ltd Closure procedure

Running a business is never an easy task and sometimes, things might not go according to plan which may result in the closure of the company. There are several reasons a Pvt. Ltd. Company may shut down, like selling of the company, mandatory or voluntary closure or even a defunct company wind up. However, whatever the reason, the directors must abide by certain legal rules and regulations, as per Companies Act, 2013.

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