Procedure for activation (Normalizing of a Dormant Company):
Step 1:
Companies which are desirous of getting back to Active status by filing the due annual returns and balance sheets (normalizing the company) are required to file GNL-1 with the Ministry of Corporate Affairs.
Step 2:
On approval of the application in GNL-1, the company shall be provided 21 days to file all the annual return and balance sheets for the required financial years. In the event of all the required filings done within the specified time limit of 21 days, the status of the company shall be changed to Active. On failure of such formality, the status of the company would change back to Dormant.
The annual returns would include e-Forms such Form 23B (Intimation by Auditor to Registrar), Form 23AC (Filing of Balance Sheet), Form 23ACA (Filing of Profit & Loss account), Form 20B (Filing of Annual Return for companies with Share Capital), Form 66 (Compliance certificate, if applicable) for all the years of non-compliance.
Once, the dormant company is done with the above mentioned formalities, normalization of the company have been through and the company can now continue its business operations with significant dealings and transactions.
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file the GNL-1 form after the annual filings forms are available on website.. coz within 21 day's u have to file all pending annual filing forms.
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The Dormant Company can revert to an Active Status Company by making another application under section 455(5) of the Companies Act, 2013 in Form MSC-4 along with the requisite Fee. This application should be accompanied by latest Annual Return in Form MSC-3.
Reference to GNL-1 seems to be out of context, if the Query is with reference to section 455(1) of the Companies Act, 2013.
Please E-mail the Screen Shot of the Error.
From: csmy...@googlegroups.com [mailto:csmy...@googlegroups.com] On Behalf Of ritika agarwal
Sent: 7 June, 2016 1:05 PM
To: CSMysore
Subject: Re: [CSMysore] Dormant Company to Active Company
Dear Shah ji I have tried filing MSC 4 but the form is not taking prefil with the error "the status of CIN entered is Dormant. The form cannot be filed for this status". The screenshot is attached for the same. Kindly let me know how to proceed.
Regards
CS Ritika Agarwal
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Thank you sir for raising the ticket and this means I can do nothing I have to wait???Regards
CS Ritika Agarwal
On Wednesday, 8 June 2016 10:51:00 UTC+5:30, Jay wrote:
Please find the screenshot.
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