Loan from directors
This query is : Resolved
07 February 2019
Sir/Madam
Company is not running any business for last 2 years, All conditions of Sec 248 have been complied for striking off the name of company. There is no bank account in the name of the company, no assets & liabilities.
BUT in liabilities - unsecured loan taken from the promoter exists. Please tell me how to nullify that loan so that the Statement of Accounts can be filed with registrar.
Thanks in Advance
Company is not running any business for last 2 years, All conditions of Sec 248 have been complied for striking off the name of company. There is no bank account in the name of the company, no assets & liabilities.
BUT in liabilities - unsecured loan taken from the promoter exists. Please tell me how to nullify that loan so that the Statement of Accounts can be filed with registrar.
Thanks in Advance
07 February 2019
knock it off with debit balance in profit and loss account. (Take the consent of directors for the same)
07 February 2019
IF WE SHOW THIS IN P&L ACCOUNT.WE HAVE TO PAY MAT ON 78000
08 February 2019
you can not have apple and eat it too.
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