How to revive a PVT Ltd company?

I have query regarding strike off company. I got notice from roc as stk-1 and company gets strike off. I wanted to know what will happen if we are not revive this company. Is there any panalty and prosecution against company and its director for previous non-compliance. Other than this what action income tax department will take if company is not doing any business/transactions but not filing itr. Or we need to revive the company and again go for strike off by filling stk-2. Please suggest me how to get out of this. Thanks in advance.

1 Answer
Only verified advocates can give an answer Sign In
Admin
Advocate By LEAD INDIA Answered: 29 May 2023

Please get in touch with the following office or a state office with similar powers.


The Office of the Labour Commissioner


(1) The conciliation officer may or, if the dispute relates to a public utility service and a notice under section 22 has been made, shall hold conciliation proceedings in the manner prescribed where any industrial dispute exists or is suspected.

(2) The conciliation officer must investigate the dispute and all issues affecting its merits and the appropriate resolution as soon as possible in order to bring about a settlement of the dispute. He may also take any other actions he deems appropriate in order to persuade the parties to reach an equitable and amicable settlement.

(3) If a resolution to the conflict or ofIf a resolution to any of the issues in dispute is reached during the conciliation proceedings, the conciliationofficer must send a report about it to the relevant government, along with a memorandum of the agreement signed by the parties, to the relevant government.

(4) If no such settlement is reached, the conciliation officer shall, as soon as reasonably possible after the conclusion of the investigation, send to the appropriate Government a full report outlining the steps he took to ascertain the facts and circumstances relating to the dispute and to settle it, along with a full statement of such facts and circumstances, and the reasons on account of which, in his opinion, the dispute was not resolved.In his view, no solution could be reached.

(5) The competent Government may make a referral to a Board, 2 Labour Court, Tribunal, or National Tribunal if it determines after considering the report mentioned in subsection (4) that one is warranted. If the competent Government chooses not to make such a reference, it must document and inform the parties involved why.

(6) A report required by this section must be submitted within 14 days of the start of the conciliation proceedings, or within any shorter time frame that the relevant Government may specify: As long as the conciliation officer gives his or her approval, the deadline for submitting the report may be extended.be extended by a time frame that can be decided by the parties to the dispute in writing.]

Thank you

24x7 Help

If we fall short of your expectation in any way, let us know

Payment Trust

All refunds come with no questions asked guarantee

Talk to Lawyer

Talk Now