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Procedure for discontinuing the demat for private limited compan

Others 337 views 1 replies

My earlier colleague had applied to NSDL for demat of shares of a Private Limited company.  But later on the company was unable to pay the bills of R&T due to lack of funds.  And so the further procedure of handing over the sharecertificates were not done. The NSDL is raising the bills on the company which the company has paid for one year.  Please advise how to discontinue this and avoid the bills being raised on the company.

Replies (1)
Query raised by company may help by NSDL about discountinue of facility

But before that all shares to be remat all shares by RTA

Generally It will required

Board Resolution
May be Termination contract and Settlement of all dues

Sepcific answer may be given by RTA/NSDL only ...


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