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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.