WINDING UP OF THE COMPANY
This query is : Resolved
19 January 2008
Company paid upshare capital is 15 lacs
Accumulated lossed 9.5 lacs
Cash and Bank Balances 5.5 Lacs
Share holders want to withdraw the cash and bank balance.
What is the easiest option available for closing the company ?
Accumulated lossed 9.5 lacs
Cash and Bank Balances 5.5 Lacs
Share holders want to withdraw the cash and bank balance.
What is the easiest option available for closing the company ?
20 January 2008
Rather than going for winding up option you can also go for the sec.560 procedure,e.i. stricking off the name of the company from the register of ROC.
Winding up is the lengthy procedure and also that will not be a cost effective.
Winding up is the lengthy procedure and also that will not be a cost effective.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
