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Dissolution and Portfolio management investment

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Indira

510 Points Posted on 14 April 2021

In case of dissolution of company - Investment in portfolio management services

Where will the settlement go in case of dissolution, to company's bank accounts or can there by

any nominee given by company?

Thanks

Replies (2)

Quick Summary

This discussion explores the settlement process for investment portfolios when a company dissolves. It clarifies that settlement amounts are typically credited to the company's bank accounts, with fair value gains/losses impacting the P&L. An alternative suggestion is to exchange liabilities and transfer investments to a new company, subject to SEBI regulations.

CA. Sourav Sarkar

Chartered Accountant

16188 Points Posted on 14 April 2021

Settlement amount credited to company's bank account

yasaswi gomes

My grammar is 💯 good I

5110 Points Posted on 14 April 2021

The fair value gain or loss to P&L, but the actual gain + investment basic settlement amount debited to bank.from there use dissolution process. There is no need to settle it this way, you can exchange liabilities with transferring investments to new company if sebi allows.