Winding Up query

[Parth Sharma]

Dear Professional Friends,

A Company is seeking towards winding up. It has basic capital company with net loss, unsecured loans, interest income and other expenses on its financials.

Can the company opt for FTE? If not FTE, whether it can go for voluntary winding up? what will be procedure and fees invovled for voluntary winding up? Please guide

Appreciating a positive response.

Regards,
Parth Sharma

[Sonia Yadav]

To close Co. under FTE, The assets and liabilities side of the Co. should be Nil, Moreover there should not be any outstanding Loan. I think you can go for Voluntary Winding Up.

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From: Parth Sharma <parth.s...@gmail.com>
To: Parth Sharma <parth.s...@gmail.com>
Sent: Monday, January 4, 2016 5:25 PM
Subject: [CSMysore] Winding Up query

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[Debdip Chakraborty Management Consulting]

HI

Please let me know whether they are interested to sale the same.