Call For Business Enquiries : +91 9819 000 511 / +91 9821 83 26 83 / +91 9819 000 445

Dormant Company Status Filing (MSC-1) | N D Savla
Company Compliance

Dormant Company Status Filing in India
Section 455 & Form MSC-1 Under the Companies Act 2013

Eligibility review, board and shareholder approvals, CA-certified Statement of Affairs, Form MSC-1 filing with the ROC, and ongoing MSC-3 annual returns — keep your company alive at minimal cost while holding its name, assets, and revival option intact.

Part of our Company Compliance practice: Company Compliance Annual Filings Private Limited Company Winding Up

What Is a Dormant Company Under the Companies Act, 2013?

A dormant company is a legally registered company that has been granted inactive status by the Registrar of Companies (ROC) because it is not carrying on any business and has no significant accounting transactions. Under Section 455 of the Companies Act, 2013, such a company can preserve its legal identity, protect its name, and stay compliant while paying a fraction of the usual regulatory cost.

A "significant accounting transaction" is any transaction other than limited housekeeping entries the law specifically permits — such as payment of ROC fees, compliance with statutory requirements, minimum share allotments, and payments for office maintenance and records. A company making only these entries remains eligible for dormant status.

For promoters holding a company for a future project, an asset, or intellectual property, dormant status is often the smartest way to keep the entity alive without the burden of full annual compliance. A company obtains dormant status by applying to the ROC in Form MSC-1 and receiving a certificate in Form MSC-2.

At N D Savla & Associates, our Mumbai-based Chartered Accountants manage the entire dormant status filing process end to end — from eligibility review and board approvals to Form MSC-1 filing with the ROC and ongoing MSC-3 annual returns. We make sure your application is accepted the first time and that your company never slips into default.

Which Companies Should Apply for Dormant Status?

Dormant status suits any company that wants to stay registered but is not currently trading. It is most valuable for entities that expect to become active again, or that exist to hold something of value:

Companies Formed for a Future Project

Promoters who incorporate early to lock in a brand name or licence, then pause until funding or approvals arrive, can hold the entity as dormant and reactivate it when the project actually begins — instead of filing nil returns for years.

Companies Holding an Asset or IP

A company set up purely to own a trademark, patent, piece of land, or investment can be kept dormant — continuing to legally own the asset while avoiding the cost and effort of full annual compliance.

Startups Pausing Operations

Early-stage private limited companies and OPCs that need to pause while pivoting, raising a round, or waiting out a slow market can use dormant status to freeze compliance costs instead of dissolving and re-incorporating later.

Inactive Companies Avoiding Strike-Off

A company that has stopped operating but has not filed returns risks being struck off and its directors disqualified. Regularising filings and moving to dormant status is a clean, legal alternative to letting the company lapse into default.

Real Estate SPVs Between Projects

Developers routinely create an SPV per project. Between projects, the SPV can be kept dormant instead of wound up, preserving licences and the entity for the next launch at a fraction of the cost of re-incorporation.

Foreign Subsidiaries Testing the Market

Multinationals that register an Indian subsidiary to test the market can hold it dormant until they are ready to scale, avoiding full compliance on an entity that is not yet trading and preserving the structure for future use.

Conditions to Qualify for Dormant Status

To be granted dormant status, a company must satisfy a set of conditions confirming it is genuinely inactive and free of dues or disputes. All of the following must be met before filing Form MSC-1:

ConditionWhat It Means
No significant transactionsOnly housekeeping entries permitted — ROC fees, statutory compliance, minimum share allotments, office maintenance
Filings up to dateAll financial statements and annual returns due up to the date of application must have been filed
Special resolution or 3/4th consentPassed in a general meeting, or written consent of 3/4th of shareholders by value
No pending inspection or investigationNo inquiry, inspection, or investigation ordered or pending against the company
No public deposits outstandingNo outstanding public deposits or default in their repayment
No unpaid duesNo outstanding statutory dues, loans (unless lender consents), or workmen's dues
No listed securitiesCompany must not have securities listed on any stock exchange in India or abroad
Minimum board strengthAt least 1 director for OPC, 2 for private company, 3 for public company

MSC-1, MSC-2, MSC-3 & MSC-4 — The Dormant Lifecycle

Four MCA forms govern the dormant lifecycle, from application to annual maintenance to reactivation:

FormPurposeWhen Filed
MSC-1Application to the ROC for obtaining dormant company statusAt the time of applying for dormant status
MSC-2Certificate of dormant status issued by the ROCIssued by ROC on approval of MSC-1
MSC-3Annual return of dormant company with audited financialsWithin 30 days of the end of each financial year
MSC-4Application for seeking active (revival) statusWhen the company resumes business operations

Our Dormant Status Filing Services

Filing for dormant status follows a defined sequence of board approvals, shareholder consent, and ROC filings. We manage the complete process so your application is accepted first time and your company stays compliant year after year.

01

Eligibility Review & Filing Regularisation

Before filing MSC-1, every eligibility condition must be verified — no significant transactions, no pending litigation, no unpaid statutory dues, and all prior filings complete. We confirm the company meets every condition, identify any outstanding returns or dues, and complete any pending annual filings or dues clearance before the dormant application is filed. A clean slate is what gets an application approved without queries.
Companies Act 2013 – Section 455
02

Board Resolution & General Meeting Support

We convene the Board meeting with proper notice and agenda, pass the board resolution approving the dormant application and authorising a director to act, then issue the notice for the general meeting with the required explanatory statement. The board resolution and EGM notice are drafted in line with Secretarial Standards SS-1 and SS-2 so the process holds up if reviewed later.
03

Special Resolution & MGT-14 Filing

We facilitate the special resolution at the general meeting — or obtain written consent of 3/4th of shareholders by value — and file the resolution in Form MGT-14 with the ROC within the 30-day deadline. The MGT-14 filing proof is an essential attachment to Form MSC-1, and getting it right on time avoids a resubmission cycle.
Form MGT-14 — within 30 days of the special resolution
04

CA-Certified Statement of Affairs

The most common reason dormant applications get delayed is a Statement of Affairs that is stale or not properly certified. We prepare and certify the Statement of Affairs as Chartered Accountants, dated not more than 30 days before the application date, and also arrange the auditor's certificate confirming the company's eligibility. Getting these correctly prepared the first time avoids the main source of ROC queries.
Certified within 30 days of the MSC-1 application date
05

Form MSC-1 Filing & MSC-2 Follow-Up

We submit the dormant status application in Form MSC-1 on the MCA21 portal with all required attachments — board resolution, special resolution, MGT-14 proof, CA-certified Statement of Affairs, auditor's certificate, audited financial statements, and declaration of no dues — and follow up with the ROC until the certificate of dormant status in Form MSC-2 is issued and the company's status is updated on the register.
06

MSC-3 Annual Return & Reactivation (MSC-4)

Dormant does not mean zero compliance. A dormant company must file Form MSC-3 (the return of dormant company with audited financials) within 30 days of each financial year-end, hold at least two board meetings per year with 90-day gaps, maintain a statutory auditor, and keep proper books and records. We track these deadlines and file MSC-3 on time every year. When the company is ready to resume, we file Form MSC-4 to restore active status and transition back to the full annual compliance cycle.
MSC-3 — within 30 days of financial year-end every year
Critical deadline: A dormant company must file Form MSC-3 within 30 days from the end of each financial year. Failure to file MSC-3, or remaining dormant beyond five consecutive years, can lead the ROC to strike the company off the register. Do not let a dormant company drift into default.

Related Company Compliance Services

Dormant status is one option in a wider set of company compliance tools. Our complete service map covers:

Common Questions on Dormant Status Filing

How long can a company remain dormant in India?
A company can remain dormant for a maximum of five consecutive financial years. If it stays dormant beyond five years without reactivating, the Registrar of Companies may initiate action to strike its name off the register. Filing Form MSC-4 to reactivate before that point keeps the company alive and compliant.
What is the difference between dormant status and strike-off?
Dormant status keeps the company legally alive but inactive, with light annual compliance and an easy revival route through Form MSC-4. Strike-off (via Form STK-2) permanently removes the company from the register and ends its existence. Dormant status is reversible; strike-off is meant to be final. If permanent closure is the goal, our winding up service handles that route.
Can a dormant company hold assets and a bank account?
Yes. A dormant company can continue to legally own assets, intellectual property, and investments, and may hold a bank account for permitted housekeeping payments such as ROC fees and office maintenance. What it cannot do is carry on active business or make significant accounting transactions beyond those the law specifically exempts.
What happens if a dormant company does not file Form MSC-3?
Failure to file the annual MSC-3 return is a compliance default. It can attract penalties and, if the default continues, the ROC can remove the company from dormant status or strike it off the register. Timely MSC-3 filing is essential to protect the company's dormant standing. Our team tracks these deadlines and files on your behalf every year.
How do I reactivate a dormant company?
To resume operations, the company files Form MSC-4, the application for active status, along with a return in Form MSC-3 for the relevant period. Once the ROC approves it, the company's status changes back to active and it must resume the normal annual compliance cycle including AOC-4, MGT-7, and all other applicable filings.

Ready to move your company to dormant status — or keep it compliant hassle-free?

Talk to N D Savla & Associates — eligibility review, MSC-1 filing, MSC-2 certificate, and ongoing MSC-3 compliance under one roof.

Get in Touch