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NIL BALANCE SHEET

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(Querist)
23 June 2009 Hey.. This is Manoj... Can someone tell me what is NIL Balance Sheet & if a nil Balance sheet is filed... what shall be the points to be considered while preparing Notes to Accounts of that Balance Sheet
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CA Vishvesh

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CA Vishvesh (Expert)
25 June 2009 I have never heared abt Nil balance sheet, B/s is always comprised of liabilities to the tune of assets, so in my opinion there is nothing like nil b/s. if u come to know something then plz let me know.
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