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(Querist)
15 June 2015 what is the meaning of " composition with creditors"?.. plz explain in detail...
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Arpit Shah

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Arpit Shah (Expert)
15 June 2015 A Composition with Creditors is an agreement among several creditors of a debtor, usually a business. Usually, the agreement involves paying a lessened amount over a period of time.
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CA JAYESH RELKAR

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CA JAYESH RELKAR (Querist)
17 June 2015 so... it means "mandvali"...
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CA JAYESH RELKAR

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CA JAYESH RELKAR (Querist)
17 June 2015 so... it means "mandvali"...

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