Explain the term "Significant Accounting Transaction" while determining status of a company as a dormant company under the Companies Act, 2013.

Significant Accounting Transaction Where a company is formed and registered under Companies 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 for obtaining the status of a dormant company. Significant Accounting Transactions plays a very significant role for getting the status of Company as "Dormant". Any transaction may be called as "Significant Accounting Transaction which is made by the company except the transactions mentioned below: Payment of fees by a company to the Registrar; Payment made by a company to fulfill the requirements of this Act or any other law; Allotment of shares to fulfil the requirements of this Act; and Payments for maintenance of its office and records. All the transactions apart from the above mentioned transactions will be considered as Significant Accounting Transactions.