Annual filings for a company that never started trading
A company registered years ago and never operated. Its filings were ignored.
Read the scenario →Illustrative example
A director whose DIN was deactivated
A director misses the yearly KYC and finds they cannot sign a filing.
Scenario type: Family owned private limited company. This is a hypothetical example, not a real client.
The situation
A director tries to sign a routine filing and is blocked because the identification number is marked deactivated for missing the yearly KYC.
The challenges
- The filing deadline is close
- The director assumed a one time KYC was enough
- Other directors were also unsure of their status
How it is typically handled
- 1Check the KYC status of every director on the company
- 2Complete the pending KYC and pay any fee for reactivation
- 3Re file or complete the blocked filing once access returns
- 4Add each director's KYC to the yearly compliance calendar
What a good outcome looks like
All directors are active and the calendar carries a KYC reminder each year before the cut off.
Key takeaways
- Director KYC repeats every financial year
- Check every director's status before big filings
- Reactivation adds a fee and delay
This scenario is general information for illustration. Rules, thresholds and deadlines change and depend on your facts, so confirm the position for your own situation with a qualified professional.
Company Law Compliance
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