If your business in the private limited company is not running properly or faces continuous losses, it is better to close such private limited company and look for a new beginning. Here are four ways in which a private limited company can be closed.

• Sell the Company
• Compulsory Winding Up
• Voluntary Winding Up
• Defunct Company Winding Up

Documents Required

• Statement of Account
• Affidavit
• Indemnity Bond
• Board Authorisation
• ID Proof of director
• Address proof of director
• Photo of director
• Valid contact no.
• Valid mail ID

Benefits

• Saving Company Running Cost
• Saving from Director Disqualification
• Saving of annual cost of company