Can a liquidator transfer/distribute property (asset in kind) to the shareholders when in voluntary liquidation?
Menu
Voluntary liquidation
Replies (2)
Shareholders have the last right, so if any asset remains even after paying all the liabilities it belongs to shareholders
can you share any documentary proof or law stating this because the CS here have mixed opinion about it
Thanks
Recent Threads
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
- Share sale by promoter of public limited company
- Individual working for a firm to take sales orders
- BIN view site not working
- Settlement of advance by customer
Related Threads
CAclubindia
