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(Querist)
28 January 2017 WHEN A COMPANY IS HAVING AUTHORIZED SHARE CAPITAL 10,00,000 AND PAID UP CAPITAL OF 2,50,000 CAN ENTER FOR FAST TRACK EXIT OF THE COMPANY, AND IF YES, THEN IN WHICH WAY STATEMENT OF ACCOUNT IS TO BE PREPARED?

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Kumud prasad

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Kumud prasad (Expert)
01 February 2017 yes it can,
subject to the condition that company must have nil asset and liability

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