A company’s legal existence ends when it is dissolved and deleted from the register of companies. However, there may be situations where the company has to be reinstated to the register, such as when assets or liabilities need to be resolved or when the company wants to carry on with its business. The Companies Act of 2006 governs the procedure for adding a company back to the register, and there are specific deadlines that must be followed.
A corporation may be reinstated to the register under the Companies Act of 2006 within six years after the date of dissolution. The corporation cannot be restored if more than six years have gone. The assets and obligations of the company will be regarded as having been handled in accordance with the law at the moment of dissolution, and the company will be deemed to have been dissolved.
The procedure of adding a firm back to the register can be difficult, so it is advised that expert counsel be engaged. Depending on whether the corporation was dissolved voluntarily or by court order, and whether any assets or obligations have been handled with since the dissolution, there are various procedures.
Can I Still Use the Name of a dissolved Company? A disbanded company’s name is no longer protected and may be used by other companies. There are limitations on using a dissolved company name, nevertheless, if it is done with the goal to deceive. Intellectual property rights may also be violated by using the name of a disbanded corporation, and individuals who do so may face legal repercussions. Are Seller’s Permits Required for Online Sales?
Depending on the nature of your business and the legal system you operate under, you may or may not need a seller’s permit to conduct online sales. To collect sales tax on goods sold online, you could in some circumstances need a seller’s permit. However, the regulations differ by state and nation, so it’s crucial to research what’s needed where you live.
The California Department of Tax and Fee Administration (CDTFA) uses the CDTFA 82 form to register applicants for seller’s permits. Businesses selling or leasing tangible personal property in California must obtain a seller’s permit, which enables them to track and pay sales tax. The seller’s permit can be applied for online using the CDTFA 82 form, and it is typically issued within a few weeks.
People also inquire as to how to locate their CDTFA account number. You can get in touch with the CDTFA by phone, mail, or email to acquire a copy if you’ve misplaced your CDTFA account number. To prove your identification, you will have to supply your company name, address, and other details. Your account number will be given to you by the CDTFA after your identity has been confirmed.