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???
5 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 02 September 2021
But net worth shouldn't be in negative balance
CS Divesh Goyal
(Practicing Compnay Secretary)
(50535 Points)
Replied 06 September 2021
Same compliances as normal Company.
CS Divesh Goyal
(Practicing Compnay Secretary)
(50535 Points)
Replied 06 September 2021
Networth ke karan Compliances mein change nhi ayega.
CS Divesh Goyal
(Practicing Compnay Secretary)
(50535 Points)
Replied 06 September 2021
Networth can't be negative.
CS Divesh Goyal
(Practicing Compnay Secretary)
(50535 Points)
Replied 06 September 2021
Sorry, Networth can be negative.
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