Settlement
Sankaran
(Querist) 12 July 2017
This query is : Resolved
I have 8000 shares of a company listed in Stock Exchange Mumbai which Reference to BIFR and winding up petition filed ; Trading suspended as per NSDL . Are there any entitlement of a settlement claim for me If yes what is the procedure to claim?
Regards
Rajendra K Goyal
(Expert) 12 July 2017
Share holders in a company are paid only after all payments satisfied from the proceeds of winding up.
Keep close watch up in the matter.