Fraud company
This query is : Resolved
09 December 2015
Hello friends,
I wish to ask from you, is there any way to examine that any legal suit against the company is laying in the court or consumer court or any sort of proceeding are going on the company?
I wish to ask from you, is there any way to examine that any legal suit against the company is laying in the court or consumer court or any sort of proceeding are going on the company?
09 December 2015
Check the contingent liability disclosed in the notes on the financial statements.
10 December 2015
yes this is the way what our accouting principles prescribe.
But suppose private company did not provide such type of info in their notes. then in this situation what will be the right way to examine this?
But suppose private company did not provide such type of info in their notes. then in this situation what will be the right way to examine this?
10 December 2015
Is it possible to check with concerned courts. I have no idea.
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