Startup Comapnies Registered under ROC, Gov. India gets struckoff, NOT having financial trans 2ys

Signed 2/3000
Online Signatures: 2
To
Ministry Of Corporate Affairs
Startup Comapnies needs to Register their Companies under Registrar of Coompanies, Min Of Corporate Affairs, Gov. India, befroe they go far any fund raising actitivies. this activitie sare time consuming an odne with help of CA's , by Founder Directors of small companies with lot of strucgle and open Bank accounts ,etc . They need to concentrate more on technical part intially to make thir Product attractive to the final Consumer/Industry in larger prospective. This take manytimes 1-2 yrs befor ethey head for a real Fund rinsing rounds. It is not bed of roses when these gets required attention mainly in Silicon valley and not much in India without God fathers.
Now after Registering teh Comapny and start doing Product innovation and Marketing strategy step and visit US and stay as long as their non-immigrant VISA rules allow and pitc for Fund through various forums abroad and India. Still not able to get through quickly makes finanace part neglected except survival money mamged through friends and family. Thsi strugle is there for 905 startups as only few become sucessful innearly stage and other continue theri effeort.
However, ROC , Min. Of Corporate Affairs, Govt . India starts sending Letter to registered address/address of Directors, stating that " Pursuant to sub-sections (1) and (2) of Section 248 of the Companies Act, 2013, notice ii hereby given that as per available records: - the company is not carrying on any business or operation for a period of two immediately preceding financial years and has not made any application within such period for obtaing the status of a dormant company under section 455. "

Now the replies within specifed 0 days of receipt of above notice could not be done as Founder/s are not in India and there is no othe rrepresentative to do so.

Could "Registrar Of Companies , Delhi, Min. Of Corporate Affairs, GOvt of india , sympatehetically consider such small startup Companies where no financial transaction is going on to Company account due to reasons best known in intial years to be given minimu 5 years for taking any such action of striking down names of Comapny Incorporated with due strugle and finacial loss by the young Enterprenuer.

I request other membersof Circle and like minded publice to please SIGN this petition and make it a sucessful movement in helping the Young enterprenural intiative to survive in our beloved country - Make in India .

Related Petitions

    • #AMAZON-PIYUSH

      Ministers making damaging statements is detrimental to the progress of Society. for Example, Piyush Goyal making outrageous remarks regarding Amazon,s investment of US$1 Billion is uncalled for fro...

      By ANIRUDH BG
      /
    • EASE OF TRANSACTIONS WITH INSURANCE COMPANIES

      Everytime one submits documents for maturity claim or surrender cum redemption form with a life insurance company, one has to submit copies of proof of identity, address and pan card along with can...

      By Praneet Kumar
      /
    • Whether Startups in India are last long? challenges and prospects of startups in India

      Lot of impetus have been declared in the area of promoting startups. thousands of startups have already been promoted. Investments are forth coming and encouraging. Being an EDP trainer, I wish to ...

      By PRADYUMNA KALASTHAWADI PANDURANGA
      /
    • Widow struggling for her " Aan Ban & Shan" from lawyer who wants to grab her business & property

      In today's senerio where people are encourage to work and provide jobs to others, This widow ( Msc, MA in Education, MA in sociology, Bed, TET & Bsc) left her teaching job and started running r...

      By Inder Negi
      /
    • Make GST Simple remove worries of SME

      The payments from corporates and MNC are delayed. They have their own process, process like quarterly billing. Every bill has its own verification and approval stage, it may even take one month.

      By Madhayam Shivadas
      /
    • Working Capital Support for Fresh Strat up or SMEs

      All new SMEs or fresh Start up companies must get government support in terms of working capital loan and required subsidy to facilitate small companies who have not yet completed 3 years from the ...

      By VIJAY KUMAR
      /
    • understanding the needs of small businessmen

      Our PM rightly said "A poor man connected to the ground has a better understanding of things than those with 50 page profiles and degrees" I do not know where it applies, but with some ...

      By Subramanian Venkataraman
      /
    • SME cell in MCA

      We have discovered that - the cost of compliance for even a small company per year, including professional fee to Auditors and Company Secretaries are very high - almost INR 65000/- per year (assum...

      By Sabyasachi Gupta
      /
    • Development of Startup ecosystem

      We are catering to the Startup community. We would like to connect with like-minded people to explore and grow the ecosystem.

      By Nidhish Rao
      /
    • SAVE FROM FRAUD/INJUSTICE B4 SUPREME COURT, OR OPENLY HANG ME OR ALLOW TO COMMIT SUICIDE

      UNABLE 2 SUSTAIN AND SURVIVE PAIN, MISERY AND LOSS DUE TO FRAUD/INJUSTICE BY ORDER DTD 5.12.2017 in CA 5150/17 (RP777/18, WP (DNO) 16417/18) by Hnble Justice Kurian. THE HONBLE Judge is knowin...

      By Prakash Yadav
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)