Decree against plc
Tom
(Querist) 25 April 2016
This query is : Resolved
We have been given an arbitration award against an Unlisted PLC.Do we inform the MCA about this civil decree against the company,so that the Company does not do any manipulation ?
Secondly how do we ascertain the asset details of the Company so that we can file an execution petition in Court against the company ? The Company has not been filing any returns etc to MCA since inception in 2012 !
Devajyoti Barman
(Expert) 26 April 2016
File file execution case. The court would ask for details of property from the judgement debtor.
KC AGGARWAL
(Expert) 26 April 2016
Please also go for winding up petition of the company and have the provisional liquidator appointed.
Tom
(Querist) 26 April 2016
@ Mr Barman,Thanks sir.I understood about execution part. What about informing MCA pls ! Is it of any use ?
Tom
(Querist) 26 April 2016
@ Mr Aggarwal,Thanks Sir. Winding up petition will be filed simultaneous with execution Petition ?
Tom
(Querist) 26 April 2016
@ Mr Goyal,Thanks sir !