Off Topic A place for you car junkies to boldly post off topic. ALMOST anything goes.

Foreign Company Registration in India

  #1  
Old 06-15-2013, 05:55 AM
Member
Thread Starter
Join Date: May 2013
Posts: 30
Default Foreign Company Registration in India

A Company is deemed to be unable to pay its debts when:

a creditor, to whom the foreign company is indebted in a sum exceeding INR 100,000 then due, has served on the foreign company a demand in writing, and the foreign company has, for three weeks after such demand, failed to pay the sum or to secure or compound for it to the satisfaction of the creditor;
execution or other process issued on a decree or order of any court or NCLT in favour of a creditor against the foreign company (or any member thereof as such) is returned unsatisfied in whole or in part; or
it is otherwise proved to the satisfaction of NCLT that the foreign company is unable to pay its debts.
 

Last edited by ajshco; 11-07-2014 at 04:58 AM.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
ajshco
Off Topic
0
06-12-2013 04:25 AM
ajshco
Off Topic
0
06-11-2013 04:20 AM
ajshco
Off Topic
0
06-10-2013 07:29 AM
ajshco
Off Topic
0
05-04-2013 03:07 AM


Thread Tools
Search this Thread
Quick Reply: Foreign Company Registration in India


Advertising
Featured Sponsors
Vendor Directory

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

© 2019 MH Sub I, LLC dba Internet Brands

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.