ROC filing is required for closing a company because it is a legal entity that has been registered with the government and operates under the provisions of the Companies Act.
Closing a company involves a number of legal formalities, including filing the appropriate forms and documents with the Registrar of Companies (ROC).
Failure to comply with these formalities can result in legal and financial liabilities for the company and its directors.
The ROC filing process for closing a company involves filing the appropriate forms and documents, such as the board resolution for closure, the statement of accounts showing the assets and liabilities of the company, the notice of the proposed closure, and other related documents.
These documents are verified by the ROC and, once approved, the company is deemed to have been legally closed.
