Closing Of Company
Running a business is a challenge in itself. But often, it happens that if things do not work according to plan, there is a situation of closure of business. There can be many reasons for closing a company. When a company fails to commence its business or to submit an annual return for any reason, the registrar sends a notice to that company at its registered office address, after which the company is wound up. A company can be incorporated under the Companies Act.
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