Purchase of company

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Guest

Guest (Querist)

13 February 2014 Hello experts...
can you please suggest me that what is better option regarding purchase of one inactive company whose assets & liabilities are nil, or to close it under fast track exit scheme..

Nikhil Kaushik

Nikhil Kaushik (Expert)
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13 February 2014 If a buyer is available, then buy out...it helps in the sense that for all practical purposes, it appears that it is an old company

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Guest

Guest (Querist)

13 February 2014 Thanks sir..But both in procedural and cost point of view which is better as seller

Nikhil Kaushik

Nikhil Kaushik (Expert)
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13 February 2014 selling is always easier as you just have to execute share transfer..

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Guest

Guest (Querist)

14 February 2014 ok sir...thank you so much.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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14 February 2014 you are welcome Tejasvi

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