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    Question

    Where a company is formed and registered under this Act

    for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive company_________________
    A May make an application for obtaining the status of a dormant company Correct Answer Incorrect Answer
    B May make an application to the Registrar for obtaining the status of a dormant company Correct Answer Incorrect Answer
    C May make an application to the Registrar for obtaining the status of a in operational company Correct Answer Incorrect Answer
    D May make an application to the Central Government for obtaining the status of a dormant company Correct Answer Incorrect Answer
    E May make an application to the Tribunal for obtaining the status of a dormant company Correct Answer Incorrect Answer

    Solution

    Companies Act Section 455. Dormant company: (1) Where a company is formed and registered under this Act for a future project or to hold an asset or intellectual property and has no significant accounting transaction, such a company or an inactive company may make an application to the Registrar in such manner as may be prescribed for obtaining the status of a dormant company.

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