Hi,
Just wanted to know -
1) Realistically how long would a company take to complete External Reconstruction formalities?
2) How much would the total cost involved in such a process be, in the current scenario?
Thank you.
Priyanka C Prakash (-------) (24 Points)
17 June 2011Hi,
Just wanted to know -
1) Realistically how long would a company take to complete External Reconstruction formalities?
2) How much would the total cost involved in such a process be, in the current scenario?
Thank you.
M S ANAND
(AGM Finance)
(74 Points)
Replied 27 October 2012
Depends on the nature of reconstruction envisaged.It also depends on the high court jurisdiction where the registered office of the company is located.The question regarding cost is dependent on the amount and restructuring plan submitted to the high court for approval
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