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Voluntary winding up of a company – Company Registration in Bangalore

Voluntary winding up of a company Company Registration in Bangalore – Voluntary winding up of a company is mentioned below in this article. I hope this article will help to found the right solutions on your related queries on the Voluntary winding up of a company. A company may be wound up voluntarily if- A resolution passes during the company general meeting requires the company to be wound up voluntarily as a result of the expiry of a period for…

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Investigation process of an Limited Liability Partnership Registration

Investigation of the affairs of limited liability partnership The central Government shall appoint one or more competent persons as inspectors for investigation of  the affairs of the limited liability partnership and to report thereon in such manner as it may direct if- The Tribunal, either suo motu, or an application received from not less than one fifth of the total number of partners of limited liability partnership, by order, declares that the affairs of the limited liability partnership ought to…

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Interim Administrator and his functions of the Company

The Tribunal, so as to as certain whether it is possible to revive and rehabilitate of the interim administrator of  the sick company, shall within 7 days from the date of receipt of the application under Section 254 of the 2013 Act- Fix a date of hearing, which shall not be later than 90 days from the date of receipt of the application under section 254 of the 2013 Act. The 2013 Act does not provide for any extension in…

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Enforcement of Security Interest- Company Registration in Bangalore

Company Registration in Bangalore – Enforcement of Security Interest is what we are discussed in this article. Enforcement of Security Interest In exercise of the powers conferred by sub-section (1) and clause (b) of sub-section (2) of section 38 read with sub-sections (4),(10) and (12) of section 13 of the Securitization and reconstruction of Financial asserts and Enforcement of Security Interest (Second) Ordinance, 2002, the central government makes the following Rules. Short title and commencement of security interest These rules may…

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Rights and Duties of the Auditor of the Registered Company

Introduction Section 143(1) which specifies powers and duties of auditors and auditing standards is applicable to all the companies alike, whether public or private companies. Sub-section (1) of section 128 provides that the books of account should give a true and fair view of the state of affairs of the company or its branch, as the case may be, and explain its transactions. The books should keep on accrual basis and according to double entry system of accounting. Section 128…

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