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Frequently Asked Questions (FAQs)
Why would I want to close my private limited company?
−There are various reasons, such as financial challenges, a change in leadership, or a strategic shift, that may prompt the decision to close a private limited company.
What is the first step to close a private limited company in India?
+What documents are required for closing a private limited company in India?
+How long does the closure process typically take?
+What happens to the company’s debts during the closure process?
+Can employees lose their jobs during the closure of a private limited company?
+What role does the High Court play in closing a private limited company?
+Can shareholders retrieve their investments during the closure process?
+What tax implications are associated with closing a private limited company?
+Can the company be revived after closure if needed?
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