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Please Help: company related

Posted Date : 09-May-2012 , 03:50:37 pm | Posted By: Vijay Raj Vadera

Category : Corporate Law | Answers : 1| Comments : 0| Hits: 263

i foamteion a pvt. ltd. company which authorised capital 3 croer & subscribed 2.60 croer by two director.formation date 01/05/2011 bt until 01/05/2012 there have no transaction & no bank acct. open. now problem is whit i do? -1)winding up of comapny or 2- run the company from today then what procedure do for this.

Answers:
   Answer by: Rishabh Upadhyay
No work done, no bank account means it is a sham company. kindly look for winding up of company to avoid penal provisions.
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