Hello
I have to file form FTE for striking of the name of the Company under FAST TRACK EXIT MODE.
Query for criteria
NIL --ASSETS AND LIABILITY ?
What treatment is to be given forSHARE CAPITAL , HOW TO SHOW THAT NIL IN BSHEET AND STATEMENT OF ACCOUNTS .
PLEASE SUGGEST
Mr. Desai,
You can show the share capital 1 Lac and Profit and Loss account (debit balance) 1 Lac in Annexure C which is attachment to Form FTE.
Agree with Charu
Thanks for your reply
Kindly suggest for foll.query for private company :-
1) is it necessary to bring down the capital to Rs.1 lac?????
2) if yes , reduction of capital or buy back of securities wch is the best option ??
Fytomax Nutrition Private Limited
Aurangabad
CA Inter
View Details
Goodwin Pumps India Pvt Ltd
Chengalpattu
CA Inter
View Details
CCI
Pro
CAclubindia
