Declaración anual de empresa inactiva | Formulario MSC 3

We usually came across many such companies which are not having any operations since incorporation or which ceased to have operation from certain period of time. Companies Act, 2013 ("The Act") provides provision of Dormant company to deal with such kind of companies.

Companies Act, 2013 prescribes simplified return format and other simplified compliance for such company subject to certain restrictions. Provisions of Dormant Company are given under section 455 of the act.

1. Meaning of Dormant Company (Section 455(1) of the act)

Any of the following company may obtain status of dormant company by making an application to the Registrar of Company ("RoC"):

• A Company formed and registered for a future period or to hold an asset or intellectual property and such company has no significant accounting transaction** or
• An Inactive company*

* As per explanation to Section 455(1) of the act, Inactive company means a company which is not carrying on any business or operation, or has not made any significant accounting transaction** during the last 2 financial years, or has not filed financial statements and annual returns with RoC during the last 2 financial years.

** "Significant Accounting Transaction" is defined in explanation to Section 455(1) of the act which means any transaction other than:

• payment of fees by a company to RoC
• Any payment made by company to fulfill the requirement of the act or any other law
• allotment of shares to fulfil the requirements of the Act; and
• payments for maintenance of its office and records.

Company shall make application in form MSC-1 to obtain the status of dormant company and RoC shall issue the certificate in form MSC-2 to the company for allowing the status of dormant company.

2. Pre-requisite for obtaining status of Dormant company (section 455(1) of the act read with Rule 3 of Companies (Miscellaneous) Rules, 2014

For the purpose of obtaining status of Dormant company, a company may make an application in form MSC-1 to RoC after passing a special resolution to this effect in the general meeting of the company or after issuing a notice to all the shareholders of the company for this purpose and obtaining consent of at least 3/4th shareholders (in value).

However, a company shall be eligible to obtain status of dormant company only if -

• no inspection, inquiry or investigation has been ordered or taken up or carried out against the company;
• no prosecution has been initiated and pending against the company under any law;
• Neither the company is having any public deposits which are outstanding for payment nor the company has defaulted in payment of such deposit or interest thereon;
• the company is not having any outstanding loan, whether secured or unsecured. However, even if company has any oustanding unsecured loans, company may still apply after obtaining concurrence of the lender and enclosing the same with Form MSC-1 ;
• there is no dispute in the management or ownership of the company and a certificate in this regard is enclosed with Form MSC-1;
• company does not have any outstanding statutory taxes or dues payable to the Central Government or any State Government or local authorities etc.;
• the company has not defaulted in the payment of workmen’s dues;
• the securities of the company are not listed on any stock exchange within or outside India.

3. Suo-moto granting of status of “Dormant Company” by RoC (Section 455(4) of the act)

In case a company has not filed its financial statement or annual return for 2 financial years consecutively then RoC shall issue a notice to the company and enter the name of company in register of Dormant Company.

4. Annual Return by Dormant Company (Section 455(5) of the act read with Rule 7 of Companies (Miscellaneous) Rules, 2014 )

Dormant company shall file an annual return indicating financial position of the company, duly audited by practicing chartered accountant in form MSC-3.

MSC-3 is required to be filed within 30 days from the end of each financial year.

5. Information to be furnished in form MSC-3

Dormant company is required to furnish following information in form MSC-3:

• Número de Identificación Corporativa ("CIN")
• El nombre y la dirección de la empresa se completarán automáticamente según el CIN
• Fecha de emisión del certificado a la empresa inactiva
• Detalles breves de la actividad comercial principal de la empresa
• Fecha de cierre del ejercicio financiero al que se refiere la declaración anual
• Número de directores. (Mínimo uno en caso de OPC, dos en caso de empresa privada y 3 en caso de empresa pública)
• Detalles de la reunión de la Junta celebrada
  • Fecha de la reunión de la Junta
  • Número total de directores en la fecha de la reunión
  • Número total de directores presentes en la reunión
• Cambio en la gestión de la empresa
  • Fecha del cambio
  • Nombre de las personas clave en la nueva gestión
  • detalle(s) del cambio
• Declaración de transacciones distintas de las transacciones contables significativas.
• Detalles de la asignación de acciones
  • Fecha de asignación de acciones (Si se ha realizado más de una asignación durante el año, se debe ingresar la fecha más reciente del año en curso)
  • Propósito de la asignación
  • Número de acciones asignadas
  • Valor nominal por acción
  • valor desembolsado de dicha acción
  • contraprestación recibida (Efectivo/distinto de efectivo)
• Detalles de la tarifa anual (monto a pagar junto con este formulario)
• Si se ha llevado a cabo alguna transacción significativa durante el año
• Estructura accionarial de la empresa

6. Documentos que deben adjuntarse al formulario MSC-3

Es obligatorio adjuntar los siguientes documentos al formulario MSC-3:

• Copia de la resolución de la junta que muestra la autorización otorgada para presentar el MSC-3
• Estado financiero auditado de la posición financiera de la empresa

7. Honorarios legales aplicables a la presentación del MSC-3

La tarifa de presentación para el MSC-3 se basará en el capital social nominal de la empresa, que es el siguiente:

Sin embargo, en el caso de una empresa que no tenga capital social, se aplicará una tarifa de 200 INR.

8. Tarifa adicional aplicable en caso de retraso en la presentación del MSC-3

Si la empresa no presenta el MSC-3 dentro del plazo prescrito, se aplicará una tarifa adicional basada en el número de días de retraso:

9. Consecuencias de la no presentación de la declaración anual (Sección 455(6) de la ley)

El registrador eliminará el nombre de la empresa inactiva de su registro si esta no cumple con las disposiciones de la Sección 455 de la ley.

Declaración anual bajo GST: Requisitos, elegibilidad, formato y reglas

Oficina registrada de la empresa | Formulario INC-22