Selling my comapny

This query is : Resolved

Isen Oommen (Querist)
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31 October 2020 I have a small company whose paid-up capital is 13.5 laks. The company was incorporated in 1997.
It was a member of the erstwhile Cochin stock exchange.
Now the Stock Exchange is not trading independently so members became authorized persons.
The company has a carried forward loss of around 3 lakhs .
The company can still trade with Cochin stock brokers ltd
How can I sell this company
Your advise

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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01 November 2020 No body will buy this company now with carried forward loss close it.

Isen Oommen

Isen Oommen (Querist)
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01 November 2020 Pl note the company owes no one any money.The carried forward loss is because of administrative exp deprec etc etc any one buying the company can get 1/8 carried forward loss per yr

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