CS Executive · Company Law and Practice · Dormant Company
Meru Infra Ltd applied for dormant status. On considering the application, what is the Registrar's duty under section 455 of the Companies Act, 2013?
The Registrar, on considering the application, shall allow the status of a dormant company to the applicant and issue a certificate in the prescribed form. The section provides no step of Central Government approval or gazette publication before granting the status.
- AAllow the status of a dormant company to the applicant and issue a certificate in the prescribed formCorrect
- BForward the application to the Central Government for approval
- CPublish the application in the Official Gazette for objections before deciding
- DIssue a certificate only after the company's members pass a special resolution
Explanation
Section 455(2) says that on consideration of the application the Registrar shall allow dormant status to the applicant and issue a certificate in the prescribed form. The section does not provide for Central Government approval, gazette publication or a further special resolution at this stage.
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