Underwriting
shivani (student) (210 Points)
14 February 2014
what is consequences when underwritter becomes insolvent before performing his liability????
1 Replies
SUMIT KUMAR JANGID
(CA FINAL STUDENT)
(136 Points)
Replied 14 February 2014
When Underwriter becomes Insolvent then No liability is arises for any paymets as behalf of Underwriter. But any party has been transacted on behalf of Underwriter become liable for payment to Underwriter or the holder.
Recent Topics
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
- Avoiding tax audit in case of intraday equity loss
- Form 3CEAB
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
Related Threads
CAclubindia
