Company Status: Dormant Under Section 455
A Guide to Understanding Dormant Status Under Section 455 of the Companies Act
The designation "Dormant Under Section 455" means that a company is currently inactive but retains its legal registration. This status, permitted under Section 455 of the Companies Act, is often chosen by entities looking to preserve assets or secure their company name for potential future endeavors.
Reasons for Selecting Dormant Status Under Section 455
- 1. Asset Retention: Allows the company to keep ownership of assets without engaging in active business operations.
- 2. Name Protection: Safeguards the company's name from being utilized by others.
- 3. Readiness for Future Activities: Provides the opportunity to restart business operations when desired.
Criteria for Attaining Dormant Status
- 1. Registrar Application: The company must file an application with the Registrar of Companies to obtain dormant status.
- 2. Ongoing Compliance: The company is required to file essential compliance documents, including annual returns.
- 3. No Active Transactions: The company must refrain from any business activities, aside from essential asset maintenance.
List of Dormant under section 455 Companies
Displaying 18 Dormant under section 455 companies from MCA database.
Dormant under section 455
NAVIN UDYOG PROMOTIONS LTD
184,RAJARHAT ROAD, LOKNATH MARKET COMPLEX NEAR LOKNATH TEMPLE, TEGHORIA , P.O. HATIARANA-KOLKATA-West Bengal-700059-India
Registration Date
18 Oct, 1977
Category
Company limited by shares
Authorized Capital
₹21,000,000.00
Paid-up Capital
₹20,385,200.00
ROC Kolkata
Indian
Dormant under section 455
KOTTATHARA AGRO PRODUCTS PRIVATE LIMITED
A7 HALLMARK PARSN CAMPUSNANJUNDAPURAM ROAD COIMBATORENA-TAMILNADU-Tamil Nadu-641036-India
Registration Date
02 Feb, 1995
Category
Company limited by shares
Authorized Capital
₹500,000.00
Paid-up Capital
₹110,000.00
ROC Coimbatore
Indian
Dormant under section 455
EXCEL DRILLING EQUIPMENTS PRIVATE LIMITED
PLOT NO.360 &361,PEENYAIV-PHASE,PEENYA IND.AREA, BANGALORENA-NA-Karnataka-000000-India
Registration Date
24 Jan, 1983
Category
Company limited by shares
Authorized Capital
₹16,000,000.00
Paid-up Capital
₹15,614,000.00
ROC Bangalore
Indian
Dormant under section 455
ANU SHELTERS MANAGEMENT PRIVATE LIMITED
C/o Tanvir Ahmad C/404, Suyog Enclave, Near Neco Garden,VimannagarNA-Pune-Maharashtra-411014-India
Registration Date
03 Apr, 2006
Category
Company limited by shares
Authorized Capital
₹300,000.00
Paid-up Capital
₹105,000.00
ROC Pune
Indian
Dormant under section 455
BUTTER CUP DAIRY FARM PRIVATE LIMITED
BUILDING NO. 897/XIV ALOOR PANCHAYATH, KAROOR P.O.,NA-KOMBODINJAMAKKAL-Kerala-680697-India
Registration Date
10 May, 2012
Category
Company limited by shares
Authorized Capital
₹1,500,000.00
Paid-up Capital
₹100,000.00
ROC Ernakulam
Indian
Dormant under section 455
SHRI NARSINHA AGRICULTURAL CORPORATION LIMITED
C/O B L MOHOTAPOST BOX NO 2 HINGANGHATNA-DIST WARDHA-Maharashtra-000000-India
Registration Date
27 Oct, 1952
Category
Company limited by shares
Authorized Capital
₹500,000.00
Paid-up Capital
₹500,000.00
ROC Mumbai
Indian
Dormant under section 455
SHIVANI AGROTECH PRIVATE LIMITED
201, M G HOUSE, R. T. ROAD CIVIL LINESNA-NAGPUR-Maharashtra-440001-India
Registration Date
29 Jan, 1997
Category
Company limited by shares
Authorized Capital
₹2,500,000.00
Paid-up Capital
₹2,500,000.00
ROC Mumbai
Indian
Dormant under section 455
ECCENTRIC ORGANIC PRIVATE LIMITED
106, First Street, Devaraya Nagar RenganagarNA-TIRUCHIRAPPALLI-Tamil Nadu-620021-India
Registration Date
15 Apr, 2019
Category
Company limited by shares
Authorized Capital
₹1,000,000.00
Paid-up Capital
₹150,000.00
ROC Chennai
Indian
Dormant under section 455
MUSHROOM AGRO SCIENCES PRIVATE LIMITED
SHOP NO-6 G/F CSC DDA MARKET BHERA ENCLAVENA-DELHI-Delhi-110087-India
Registration Date
08 Jan, 2021
Category
Company limited by shares
Authorized Capital
₹100,000.00
Paid-up Capital
₹100,000.00
ROC Delhi
Indian
Dormant under section 455
ORIENTAL FLORATECH INDIA LIMITED
DARABSHAW HOUSEBALLARD ESTATENA-MUMBAI-Maharashtra-400038-India
Registration Date
07 Aug, 1990
Category
Company limited by shares
Authorized Capital
₹35,000,000.00
Paid-up Capital
₹31,000,000.00
ROC Mumbai
Indian
Dormant under section 455
NIRMAAN AGRO INDUSTRIES (INDIA) PRIVATE LIMITED
R/198, Kharodi Naka, Virar (West)NA-Thane-Maharashtra-401303-India
Registration Date
02 Jan, 2017
Category
Company limited by shares
Authorized Capital
₹100,000.00
Paid-up Capital
₹100,000.00
ROC Mumbai
Indian
Dormant under section 455
FARVIOUR AGRO PRIVATE LIMITED
102, ARIHANT PLAZA B-15, SAHEED NAGARNA-BHUBANESWAR-Orissa-751007-India
Registration Date
14 Jun, 2018
Category
Company limited by shares
Authorized Capital
₹1,000,000.00
Paid-up Capital
₹100,000.00
ROC Cuttack
Indian
Dormant under section 455
RILU GLOBAL AGRO & ORGANIC PRIVATE LIMITED
Plot No.13/A,Khasara No.556 Adarsh Colony,Village MorduNA-Sirohi-Rajasthan-307510-India
Registration Date
19 Jul, 2020
Category
Company limited by shares
Authorized Capital
₹100,000.00
Paid-up Capital
₹100,000.00
ROC Jaipur
Indian
Dormant under section 455
SONA ZOG EXIM (OPC) PRIVATE LIMITED
PLOT NO 187, FIRST FLOOR, 4th CROSS, TRIMURTHY COLONY, MAHENDRA HILLSNA-SECUNDERABAD-Telangana-500026-India
Registration Date
25 Sep, 2019
Category
Company limited by shares
Authorized Capital
₹100,000.00
Paid-up Capital
₹25,000.00
ROC Hyderabad
Indian
Dormant under section 455
MAATRISHAKTI KISAAN FRESH PRIVATE LIMITED
DEVI PRASAD HOUSE NO.-D 38/61 HOUZ KATORANA-VARANASI-Uttar Pradesh-221005-India
Registration Date
22 Sep, 2020
Category
Company limited by shares
Authorized Capital
₹1,000,000.00
Paid-up Capital
₹100,000.00
ROC Kanpur
Indian
Dormant under section 455
FARMERS SUPER AGRO AND AGRITECH LIMITED
H/O- ARUN KUMAR JHA, PLOT NO.-C/3, HOLDING NO.-70B C.D.A. COLONY, NEAR NAGINA APARTMENT, L.B.S. NAGARNA-PATNA-Bihar-800023-India
Registration Date
23 Feb, 2012
Category
Company limited by shares
Authorized Capital
₹500,000.00
Paid-up Capital
₹500,000.00
ROC Patna
Indian
Dormant under section 455
ARCTIC BIO-PRO LIMITED
G-14 NDSE-IINA-SOUTH EXTENSION-Delhi-110049-India
Registration Date
09 Feb, 2004
Category
Company limited by shares
Authorized Capital
₹1,750,000.00
Paid-up Capital
₹1,750,000.00
ROC Delhi
Indian
Dormant under section 455
ARUNODAYA PLANTATIONS LTD
24 R N MUKHERJEE RDNA-KOLKATA-West Bengal-700001-India
Registration Date
08 Dec, 1980
Category
Company limited by shares
Authorized Capital
₹4,500,000.00
Paid-up Capital
₹4,490,000.00
ROC Kolkata
Indian
Advantages of Holding Dormant Status
Cost Savings
Helps reduce operational expenses by remaining inactive while still preserving company assets and name.
Opportunity for Growth
Facilitates an easier resumption of business activities when conditions are favorable, ensuring continuity.
Secure Asset Management
Establishes a legal framework to hold and safeguard valuable assets without the burden of daily operations.
Reduced Compliance Load
Only minimal compliance filings are required, lessening administrative responsibilities and costs.
Effects on Stakeholders
- 1. Shareholders: Shareholders retain ownership rights but are not actively managing the company.
- 2. Creditors: The impact is limited as the company does not engage in transactions that could incur new debts.
- 3. Public Perception: With activities on hold, the company's market presence is minimally affected.
Final Thoughts
Section 455 provides a mechanism for companies to maintain their identity and assets while remaining inactive, allowing the flexibility to resume operations when desired. Dormant status is particularly beneficial for those looking to protect their assets or names for potential future use without the need for active business involvement.
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