wen company strike off its name bcz it has nt being operating since 4 years
so nw it has to show its balance sheet at NIL rate
it has capital ,long term borrowing, reserve, short term provision - Liability
tangible asset , other current asset- asset side
how it cn show it b/ s at nil rate
does it require to br acquired by other company so tat in future few years its profit erodes
or some other methods is available
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striking off company compliance
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| Originally posted by : diksha shetty | ||
 |
wen company strike off its name bcz it has nt being operating since 4 years so nw it has to show its balance sheet at NIL rateit has capital ,long term borrowing, reserve, short term provision - Liabilitytangible asset , other current asset- asset sidehow it cn show it b/ s at nil ratedoes it require to br acquired by other company so tat in future few years its profit erodesor some other methods is available |  |
you need to show the balance-sheet as it is, and submit an appeal to NCLT asap for revival of the company. Only after revival you can consider how to bring acquisition etc into picture.
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