Net worth of Company

Nitesh Tiwari (kandivali) (86 Points)

02 September 2021

if net worth of company gets negative due to heavy losses is there any compliance in companies act 2013???

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5 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24588 Points)
Replied 02 September 2021

But net worth shouldn't be in negative balance

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CS Divesh Goyal (Practicing Compnay Secretary) (51450 Points)
Replied 06 September 2021

Same compliances as normal Company.

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CS Divesh Goyal (Practicing Compnay Secretary) (51450 Points)
Replied 06 September 2021

Networth ke karan Compliances mein change nhi ayega.

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CS Divesh Goyal (Practicing Compnay Secretary) (51450 Points)
Replied 06 September 2021

Networth can't be negative.

CS Divesh Goyal (Practicing Compnay Secretary) (51450 Points)
Replied 06 September 2021

Sorry, Networth can be negative.

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