Hi All
Subject: Regarding restoring the dissolved company
Referring to the above, the company is dissolved due to failure to submit the annual return. The scenario is my accountant moved his office to a new location and the letters related to my company was going to old address. I collected the letters in December 2014 last week, which was sent in October 1st week 2014. The letter states that the annual returns of the company has to be done within the 3 months of the notice. I have requested my accountant to look into this and he is the process of restoring the company along with annual returns which he mentioned would take 2-3 weeks. However, I am having some below mentioned queries
1) Has anyone faced such a situation? If yes, please share the details. How many days it took to restore the ltd company
2) I am unable to take wages since my business account is withheld for any payments. Is there any solution for this?
3) I have my visa extension pending for March 2015. My accountant suggests, you can’t take the salary for month of December, however I can claim more dividends to show salary points. Kindly let me know your inputs on the best options.
4) The bank says if I am not able to get back to within 2-3 weeks, they will freeze the account and transfer the funds to treasury. However I have notified them, that my accountant is working on that. I am concerned how they deal with it.Kindly suggest as a director how can I deal with it.
5) Welcome your additional inputs on this .
Thanks& Regards
Nam
Subject: Regarding restoring the dissolved company
Referring to the above, the company is dissolved due to failure to submit the annual return. The scenario is my accountant moved his office to a new location and the letters related to my company was going to old address. I collected the letters in December 2014 last week, which was sent in October 1st week 2014. The letter states that the annual returns of the company has to be done within the 3 months of the notice. I have requested my accountant to look into this and he is the process of restoring the company along with annual returns which he mentioned would take 2-3 weeks. However, I am having some below mentioned queries
1) Has anyone faced such a situation? If yes, please share the details. How many days it took to restore the ltd company
2) I am unable to take wages since my business account is withheld for any payments. Is there any solution for this?
3) I have my visa extension pending for March 2015. My accountant suggests, you can’t take the salary for month of December, however I can claim more dividends to show salary points. Kindly let me know your inputs on the best options.
4) The bank says if I am not able to get back to within 2-3 weeks, they will freeze the account and transfer the funds to treasury. However I have notified them, that my accountant is working on that. I am concerned how they deal with it.Kindly suggest as a director how can I deal with it.
5) Welcome your additional inputs on this .
Thanks& Regards
Nam
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