Removal of Defects in Incorporation of Company
Where a company has been got incorporated by furnishing any false or incorrected information or representation or by suppressing any material fact or information in any of the documents....
Liquidation Is Now Faster
Companies Act, 1956 provides the procedure of Liquidation of company which takes time. The main reason being that the Winding up of company involves valuation of assets.....
Insolvency and Bankruptcy-History and Objective
Meaning of insolvency: Insolvency is when an individual, corporation or other organization cannot meet its financial obligations for paying debts as they are due or the condition of a person....