Business Activity of a Company During Liquidation

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Account Manager
665 Points Posted on 29 July 2021

Dear Sir,

             When a Company is Under NCLT, Could they Operate Their Business, If Yes then How.

 

 

Thanks

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On 29 July 2021 at 16:58 Report
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Quick Summary
This discussion addresses whether a company can continue its business operations while under NCLT liquidation. The consensus is that liquidators can indeed operate the business if it's deemed necessary for the liquidation process. This continuation is permitted and managed by the appointed liquidator.

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372 Points Posted on 30 July 2021
Liquidator can commence business if its necessary
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On 30 July 2021 at 10:02
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Chief Accountant
3150 Points Posted on 31 July 2021
Yes, business will be continued by liquidators
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On 31 July 2021 at 11:26

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