I. Under Companies Act, 2013 Part A: Convert Section 8 Company to Private or Public Company As per the Companies Act, if a Section 8 company intends to cease its operations, it is mandated to undergo a conversion process to a private or public company before initiating the closure....
Read MoreIn case of IBC Liquidation, distribution of assets has to be done in accordance with the waterfall mechanism and no preference can be given for workers dues or government dues. Dues of employees or workers towards pension or provident fund dues or gratuity dues are protected by way of...
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