New York Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation

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Multi-State
Control #:
US-0128LTR
Format:
Word; 
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Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

Subject: Important Notice of Intent to Administratively Dissolve or Revoke Your Corporation — Urgent Action Required [Your Name] [Your Organization's Name] [Your Address] [City, State, ZIP Code] [Date] [Recipient's Name] [Recipient's Corporation] [Recipient's Address] [City, State, ZIP Code] Dear [Recipient's Name], RE: NOTIFICATION OF OFFICIAL NOTICE OF INTENT TO ADMINISTRATIVELY DISSOLVE OR REVOKE YOUR CORPORATION We hope this letter finds you in good health and high spirits. We are writing to bring to your immediate attention a matter of utmost importance regarding the status of your corporation in the State of New York. It has come to our attention that your corporation, [Recipient's Corporation Name], is at risk of being administratively dissolved or revoked by the New York Department of State. This unpleasant action is usually taken when a corporation fails to comply with its statutory obligations or meet certain regulatory requirements imposed by the state. The purpose of this letter is to formally notify you of the official notice of intent to administratively dissolve or revoke your corporation, as per the provisions of the New York Business Corporation Law Section 1005 or applicable state law. Failure to correct the following issues within the stipulated timeframe may result in the dissolution or revocation of your corporation's legal existence: [1. Key issue requiring attention] — Provide a brief description of the issue that has led to the notice of dissolution. [2. Actions required] — Elaborate on the specific steps or actions that need to be taken by the recipient corporation in order to rectify the issue and avoid dissolution or revocation. [3. Deadline for compliance] — Clearly state the deadline by which the recipient corporation must take the necessary actions to avoid dissolution. We strongly advise prompt action to ensure timely resolution. [4. Resources and assistance] — Provide contact information for resources or assistance, such as relevant state departments, attorneys, or online resources, that may be beneficial for the recipient corporation in resolving the issue. Given the urgency and severity of this matter, we strongly encourage you to respond promptly to this notice and diligently undertake all necessary corrective measures. Neglecting or delaying action could have severe consequences for your corporation, such as loss of legal standing, potential liability for directors and officers, and/or potential legal actions from affected parties. Should you require any clarification or further information regarding this notice, please do not hesitate to contact our office at [Your Contact Information]. We are here to assist you and ensure a smooth resolution to this matter. Please treat this issue with the utmost urgency it deserves. We trust that you, as a responsible member of the business community, will take immediate action to rectify the situation and maintain the legal standing of your corporation. Thank you for your immediate attention to this matter, and we look forward to receiving confirmation of your compliance within the specified timeframe. Sincerely, [Your Name] [Your Title] [Your Organization's Name]

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FAQ

Fill out the Certificate of Dissolution Form and provide a check for the filing fee and mail to: New York Department of State, Division of Corporations, One Commerce Plaza, 99 Washington Avenue, Albany, NY 12231.

The process of dissolving a company is done by the company's directors by submitting a DS01 form and paying the relevant fee. A notice is then placed in the Gazette stating the company's intention to strike itself from the register. If no objections are received, the company will be dissolved.

This intent to dissolve should include the following information: A detailed description of the claim. Information regarding the claim, the amount of the claim, and whether it is admitted to or not. A mailing address where any claims can be sent. A deadline: This must be at least 120 days after the written notice date.

Although the content will vary, certain elements should be included in every letter of dissolution. These include: The name of the recipient and the name of the person sending the letter. The purpose of the letter, including the relationship to be terminated and the date of termination, stated in the first paragraph.

Be clear and concise about your intentions for writing the letter, stating that you intend to dissolve the partnership. Next, provide context for why you've made this decision. This could include changes in personal circumstances, differences in goals or values, or simply wanting to pursue different opportunities.

43. (1) Where the partnership is at will, the firm may be dissolved by any partner giving notice in writing to all the other partners of his intention to dissolve the firm.

Administrative dissolution is the taking away of the rights, powers, and authority of a domestic corporation, LLC, or other statutory business entity by the state administrator overseeing business entities, due to the entity's failure to comply with certain obligations of the business entity statute.

More info

Administrative dissolution is the loss of rights, powers, and authority for a corporation or LLC. Learn how to avoid this or how to seek reinstatement. May 10, 2023 — The process of voluntary dissolution brings the existence of the corporation to an end, and eliminates the corporation's obligation to file ...A foreign business corporation may apply for authority to do business in the State of New York by filing an Application for Authority pursuant to Section 1304 ... Dec 16, 2014 — If a foreign qualified entity fails to timely file its annual report, the Secretary of the State may immediately notify the entity that it ... Complete the Request for Consent to Dissolution form. · If you are filing the request on behalf of a corporation, you must also complete a Power of Attorney form ... Use US Legal Forms to obtain a printable Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation. This page provides statutory notice of the administrative dissolution activity of the Office. Notice is also mailed to the principal business office on record ... The applicant should describe the nature of the action, the name and home or business address of the witness, and the nature of the testimony sought and why it ... If so provided by the Chief Administrator, registration shall not be complete until the registering person has been approved as an e-filing user. An ... See Notice 2020-36. Automatic revocation. Regarding automatic revocation for the failure to file a return or notice for 3 consecutive years, as required by ...

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New York Sample Letter regarding Notification of Official Notice of Intent to Administratively Dissolve or Revoke Corporation