MCA & Compliance
Dormant Company Status
Form MSC-1
Legally pause your business operations. We handle Board Resolutions, Asset Statements, and MSC-1 Filing to protect your company's future.
- 5 Years
- Max Tenure
- Written quote before any work
- Secure payment through Razorpay
- One office number
A company can remain in 'Dormant' status for a maximum of 5 consecutive years.
At a glance
What this service covers
Reduced Cost
Dormant companies are exempt from cash flow statements and have significantly lower annual compliance fees.
Asset Protection
It allows you to retain your company name, brand, intellectual property, and assets for future use.
Easy Revival
You can restart the business at any time by simply filing Form MSC-4 without the hassle of new incorporation.
Options
Packages
Select the plan based on your current business stage.
Switch to Dormant
Pausing Business
MSC-1
- Statement of Affairs
- Board Resolution Drafting
- MSC-1 Filing
- Auditor Certification
Maintain Status
RecommendedAlready Dormant
MSC-3
- Annual Return (MSC-3)
- Financial Summary
- Board Meeting Minutes
- ROC Fee Included
Reactivation
Restarting Business
MSC-4
- Application for Active
- Form MSC-4 Filing
- Master Data Update
- Director KYC Check
The fee for your case comes in a written quote, with our professional fee, government fees and GST shown separately. Nothing starts until you accept it.
Documents
Documents we will ask for
Nothing to send now. After you accept the quote and pay, you upload these from your phone against this same list, and each one shows whether it is received, approved or needs to be sent again.
Statement of Affairs
(Assets & Liabilities)
Special Resolution
(Shareholders' approval)
Auditor's Certificate
Lender NOC
(If any loans exist)
Last ITR & Annual Return
copies
The work, stage by stage
Stages of the work
You see these same stages in your login once the work starts, and you are told when each one is done.
- 1
Board Approval (not started)
Call a Board Meeting and pass a resolution to apply for Dormant Status.
- 2
Shareholder Meet (not started)
Pass a Special Resolution in an EGM authorizing the directors to file MSC-1.
- 3
File MSC-1 (not started)
File Form MSC-1 with the ROC along with the Statement of Affairs.
- 4
Certificate (MSC-2) (not started)
ROC verifies the application and issues a Certificate of Dormant Status.
Working with Parishrama
From enquiry to delivery, in the open.
The same five steps for every service. You always know what happens next.
- Step 1
Enquire
Tell us what you need. Your enquiry goes straight to our sales team and a sales expert calls you from the office number.
- Step 2
Quote
You get a written quote before anything else happens: our fee, government fees and GST shown separately.
- Step 3
Pay securely
Pay online through Razorpay by UPI, card or net banking. A receipt is issued straight away.
- Step 4
Upload documents
Upload from your phone against a simple checklist. We tell you if a document needs to be sent again, and why.
- Step 5
Track to delivery
The right operations team starts the work. Follow every stage in your login and chat with the people handling it.
Questions
Frequently asked
Something else on your mind? Call the office - it is always the same number.
Who can apply for Dormant Status?
A company can apply if it has no significant accounting transactions in the last 2 financial years, OR if it was formed for a future project/to hold an asset and has no active business.
What is the maximum period for Dormant Status?
A company can remain dormant for a maximum period of 5 consecutive years. If not reactivated (MSC-4) by then, the ROC will strike off the company name.
Are there any compliances for a Dormant Company?
Yes, but minimal. You must hold at least 2 Board Meetings annually (one in each half) and file a simple "Return of Dormant Company" (Form MSC-3) annually within 30 days of the financial year-end.
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Ready to start Dormant Company Status?
Tell us what you need. A sales expert calls you from the office number and sends a written quote.