India’s company closure framework is now transparent, creditor-friendly, and commercially sound. Businesses assess suitable winding-up options such as strike off, members’ voluntary liquidation, or creditor-led processes based on solvency, timelines, and compliance needs. Closure today reflects strong governance, not failure. SKMC Global supports businesses by advising the right exit route, handling legal documentation, ensuring statutory compliance, coordinating with authorities.
Section 184 mandates directors to reveal their direct or indirect interests in any company, contract, or arrangement to ensure transparency and prevent conflicts of interest. Accurate MPB-1 filings, updated disclosures, and proper recording of abstentions in board minutes are essential for compliance. SKMC Global helps businesses identify relevant interests, manage annual disclosures, maintain accurate documentation, train directors, and streamline end-to-end compliance to avoid penalties.
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