14 November 2021
The entire Paid up, issued and subscribed capital of the Company as at the date of order passed by the NCLT, including Equity Shares listed on the Stock Exchange stands cancelled and extinguished without any payout to the shareholders; and the securities of the Company stands delisted from the National Stock exchange and Bombay Stock Exchange ('Stock Exchanges') In this case how the investment of a share holder for example of Rs 10,000/- will be booked as capital loss in Income Tax return as neither any trade nor STT payment has been made.
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