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UHi everyone, I need some guidance regarding my private limited company.
I incorporated the company in 2022, but since then, I haven’t carried out any compliances or filings because the company was never operational. Now that the relief scheme is available, I wanted to take advantage of it. However, even with the scheme, the penalties along with the CA professional charges are becoming very expensive for me.
Because of this, I started considering whether it would be better to simply strike off this company and incorporate a new one instead. However, a few CA professionals suggested that I could just leave the company as it is and incorporate a new company separately, since the ROC may eventually strike off the old company automatically after a few years. According to them, this would allow me to avoid spending money on compliances for the old company and continue operations through the new one.
My concern is regarding my DIN and DSC. If I leave the old company as it is and allow the ROC to strike it off automatically, will my DIN and DSC get deactivated or cause any issues in the future? Some people have told me it won’t be a problem, while others are saying it could create complications later.
I’m also receiving mixed opinions regarding strike-off requirements. Some CA professionals are saying I don’t need to complete all pending compliances before striking off the company, while others are saying all compliances must first be completed before the strike-off process can happen.
Honestly, even after speaking with around 10 CA professionals, I’m still getting different answers from everyone, which has left me quite confused.
If anyone here has personally been in a similar situation, could you please guide me on what the safest and most practical approach would be? Specifically:
– Can I simply leave the old company as it is and incorporate a new one?
– If the ROC later strikes off the old company automatically, will that affect my DIN or DSC in the future?
– If my DIN/DSC are reactivated now for the new company, could there still be issues later because of the old company?Would really appreciate any genuine guidance or personal experiences. Thank you!
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