Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Form of statement of assets and liabilities

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ts debts in full within the period stated in the declaration of solvency, viz ................. months from the commencement of the winding-up or if the period has expired without the debts having been paid in full.] Name of Company ................. Ltd. in liquidation. Date of commencement ................. of winding-up. Statement as at ................. 19 ......, showing assets at estimate .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... fically pledged (a) Estimated realisable values Rs. (b) Due to secured creditors Rs. (c) Deficiency ranking as unsecured Rs. Surplus carried to last column Rs. (1) Freehold property (2) Leasehold property (3) Movables-- (i) Goods in possession of the company (ii) Goods not in possession Total Estimated surplus from assets specifically pledged Estimated total assets available for prefer .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Rs. Estimated unsecured balance of claims of creditors partly secured on specific assets brought from (c) above Trade Accounts Bills Payable .................................... ................................... Outstandings expenses ................................ ................................. Contingent liabilities (state nature) Rs. Estimated surplus/deficiency as regards cr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s no unpaid capital liable to be called up or Strike out (g) The nominal amount of capital liable to be called up is (f) or (g) Rs. .......... estimated to produce Rs. .................. which is/is not charged in favour of debenture holders. (2) The estimates are subject to costs of the winding-up and to any surplus or deficiency on trading pending realisation of assets. -------------- -

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates