Close the Pvt. Ltd. Company
In simple words liquidation is process by which a company is bought to end or shutting down its activity.
- The company officials become Free from debts after liquidation
- Comparingly low cost are charged for liquidation
- Creditors are benefited from liquidation process
Change Objective/Activity
As the company grows and evolves, it becomes obvious that one wants to take their company in a direction that you had not anticipate before.
- For Undertaking New projects or journey
- To Eliminate Abandoned Activities which are not needed and pointless
- To avoid any legal consequences as the government policies keep changing
Change Address
Section 12 of the Companies Act makes it mandatory for all companies to have a registered office at the time incorporation.
- If they have any of the disqualifications specified under the Companies Act
- If they are absent from board meetings over 12 months
- If they have resigned by there choice from the position
- If they have not abided by the terms and protocols of the Companies Act of 2013
Change Company Name
People change their company’s name for the following benefits
- Capitalizing on the Popularity of a Product/Service
- For Avoiding Copyright Issues and to avoid problems
- For Changing of the Ownership a new name would be helpful
- Right to license
- Right to assign
- For making the name catchy and Memorable one can change the company’s name
