What is the meaning of "Onerous Property" u/s 535 in winding up of the companies?????
Thanx
Anchal
Anchal Gupta (Student CA Final ) (295 Points)
02 April 2013What is the meaning of "Onerous Property" u/s 535 in winding up of the companies?????
Thanx
Anchal
"Onerous property" means unsaleable property or
some form of unprofitable contracts.....
n details of sec. 535...
click dis.........
Disclaimer of Onerous property in case of a company which is being wound -up.
Anchal Gupta
(Student CA Final )
(295 Points)
Replied 02 April 2013
Originally posted by : Anamikaa Shuklaa | ||
"Onerous property" means unsaleable property or some form of unprofitable contracts..... n details of sec. 535... click dis......... Disclaimer of Onerous property in case of a company which is being wound -up. |
Thanx anamikaa ji..... :)
Anchal Gupta
(Student CA Final )
(295 Points)
Replied 02 April 2013
Thanx
Anchal
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India