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case
study 2
Assistance in
winding (Members Voluntary Liquidation) up of a medium sized
Indian Private Company. A medium sized Indian Private
Company, engaged in the business of buying and selling equities.
We provided the following
services to the Company.
Assistance in the preparation of a declaration of solvency.
Preparation and placement of advertisements in the Official
Gazette.
Assistance in the Realization of assets of the Company.
Preparation of the list of creditors.
Liaising with the contributors, which included sending
notices to them to determine the amount due to the Company
by them, collecting the amounts from them, and settling
the liabilities of the creditors.
Preparation of the annual financial statements and assistance
in convening of the shareholder meetings.
Providing assistance to the official Liquidator in the
financial matters concerned with the transaction.
Assistance in the Compliance of the procedures under
the Indian Corporate Laws in connection with the winding
up of the Company.
Assistance in complying with the procedures under the
Income-tax laws such as intimating the tax authorities,
representing the Company, etc.
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