Tanveer Md Masood (Indispensable) (361 Points)
07 January 2013
Dear experts,
Wanted to know the provisions relating to liquidation under section 560of the companies Act , 1956.
Regards
Tanveer Mohammad Masood
CS MOHIT SALUJA
(PRACTICING CS Jalandhar 9914558709)
(5155 Points)
Replied 07 January 2013
under 560, the cmpany is struck off and not liquidated. there is a lot differnec among this
For struck off the company, you need to follow
1. Required Board resolution passed for striking off the company
2. Statement of affairs from CA that the company has nil assets and liabilities
3. affidavits and bonds from all the directors that they do not want to continue the company and will be liable in future if any liability arises.
4. Signed proof of all the directors i.e. identity proof and address proof.
Tanveer Md Masood
(Indispensable)
(361 Points)
Replied 08 January 2013
CAclubindia
