Perpetual succession of company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2012
Respected Sir,
company have perpetual succession so its never ends without legal dissolution
but i want to know that in act any provision or circumstance when company automatically ends. Suppose company not filling returns from 20 yrs. or more.
company have perpetual succession so its never ends without legal dissolution
but i want to know that in act any provision or circumstance when company automatically ends. Suppose company not filling returns from 20 yrs. or more.
Chirag Chordia
(Expert)
27 July 2012
refer sec 560 and subsequent sections
Message likes :
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Guest
Guest
(Expert)
27 July 2012
That is the case of defunct companies which are struck off from the register of ROC being inoperative.
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