Winding up procedure

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

02 November 2013 Can any1 help me with the procedure of winding up of a newly incorporated subsidiary Company. The promoter have not paid the subscription money also and a year has passed since incorporation

Nikhil Kaushik

Nikhil Kaushik (Expert)
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02 November 2013 instead of winding up, it would be advisable to pay up the share capital and thereafter merge the subsidiary with the holding company. This is an easier method. Winding up is a very clumsy thing in India even when there are no assets or liabilities.

Querist : Anonymous

Querist : Anonymous (Querist)

20 November 2013 Cant it b done under FTE

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