sec 8 co

18 March 2018

if sec8 wound up and surplus is there where it go

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4 Replies

milan (student) (14 Points)
Replied 18 March 2018

1 st pay all the liability
than any surplus remaming than tarnsffer to investor eduction protection fund

Aditya Dude (93 Points)
Replied 18 March 2018

if surplus is there after section 8 wound up. that surplus amount is to submit to govt.

milan (student) (14 Points)
Replied 18 March 2018

there is no any provision in comapny act if cg pass an order tanffering profit to cg than co.shall transffer

Bhavesh Jain (63 Points)
Replied 20 March 2018

Mr.milan surplus should be transferred to rehabilitation and insolvency fund u/s 269 and not investor education and protection fund

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