What Is The Procedure Against Company Where Investment Money Has Not Been Returned After Maturity?
What is the procedure against the company where Investment Money has not been returned after maturity?
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Posted by: Sushil Bhatt
Posted on: 2018-09-04
You could file a winding-up petition before the concerned court. A winding-up petition essentially asks the court to declare the company as bankrupt. The assets of the company are then liquidated to satisfy the dues of the various creditors. In the alternative, you could also approach the Company Law Board.
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