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Section 128, corporate office demolished


14 July 2016 One of the directors of Pvt. Ltd. Company has sold the corporate office which also used to be his residence without permission of board of directors and without informing ROC.How to file IT returns and other government liabilities as company was in compliance of section 128 kept all records there including some stock and c forms and other important documents too.What is the remedy available to other directors of the company to compliance the above section and fulfil their duties as director of the company.What action can be taken against director who has not only sold the corporate office to builder but also demolished the old structure.

15 July 2016 As per your query, I am assuming the property is residence of the Director as you have mentioned
• You can initiate action against a Director, only if you have entered into an agreement with the Director for your corporate office.

• In case of damage of Document you might consider taking action under Section 425 r/w 427 of Indian Penal Code.

15 July 2016 What is the action sought under company law to fulfill IT return and sales tax responsibility ...creditors etc.?




19 July 2016 Companies Act mentions the Document retention period, Normally in case of loss or destruction of Documents we need to file an NC in nearest police station and a public advertisement for the same.

21 July 2016 What is the action other directors can take to fill IT returns and other government tax liabilities, creditors liabilities etc. ? Bank account was also jointly operated!



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