corporate law

This query is : Resolved

GIRISH D.P (Querist)
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09 February 2011 Dear Members.,

could anyone advise me the follwing querry.
we have filied under Easy Exit Scheme 2011 for two companies, but now ROC put resubmission for both companies stating that current assets amounting to Rs.3,75,000/- how you are going to dipose off the same, how can i go about this please advise me..

early response would be highly appreciated.

thanks in advance
GIRISH

Jayashree S Iyer

Jayashree S Iyer (Expert)
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10 February 2011 If you have liabilities, it's a problem. Assets that too currect assets, what's the problem. Distribute it to the shareholders.

You should have squared it off before submitting the application itself.

GIRISH D.P

GIRISH D.P (Querist)
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10 February 2011 Thank you Ms. Jayashreee for imediate response.

Regards
GIRISH

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