Distressed Shell Company for Sale in Ahmedabad, India

Registered Section 25 company, with no operations now looking for a full sale.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Shell Companies
Locations  Ahmedabad
Local Time 11:16 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 140 (Native Currency: INR 10,000)
Reason: The directors are not able to start the not-for-profit business at all and want an exit.
Interested to connect with advisors
Business Overview

- We have a registered Section 25 ( NGO ) company.

- The business has not been running.

- It is a shell non-profit company registered and ready to be bought by anyone interested.

- Promoters started the company with intentions of social venture, where donations is made in subscriptions and the money received would be used to create capabilities.

- The buyer will not have to go through the hassles of registering a sec 25 company which takes over 4 - 6 month to be registered.

- Since the company hasn't started operations it would be easier amended Memorandum of Associations and Articles of Association.

- The company is registered with the ROC of Ahmedabad.

- There would be certain tax exemption available with a NGO.

Products & Services Overview

No services or products exist at the moment.

Facilities Overview

None.

Recent Activity
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This transaction has concluded. Similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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