Bank Account Closure Letter — Formats & Free Samples
Ready-to-use bank account closure application letter formats for company, LLP, partnership & savings accounts — plus the documents, board resolution and step-by-step process.
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Strike-Off of Company under STK-2 — When & how
Introduction Not every company continues operations indefinitely. Some businesses never commence operations, while others become inactive due to changes in business strategy, funding challenges, or completion of their intended purpose. Continuing such companies means bearing recurring compliance costs, annual filing requirements, and potential penalties. To address this, the Companies Act, 2013 provides a simplified mechanism…
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Converting a Private Limited Company to a Sole Proprietorship in India (2026)
A common question TAXAJ receives is whether a private limited company can be "converted" into a sole proprietorship. The honest answer is: there is no direct legal conversion route under Indian law. A private limited company and a proprietorship are fundamentally different legal structures — the company is a separate legal person registered with the…
