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    Voluntary Strike off of company having unsecured loans in Balance Sheet

    Posted By : Sachin / Published on : 15-Dec-2020 01:01 PM / View : 377 / Comment : 0

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    Dear All,

    A Private limited company wants to apply for voluntary strike-off. Please let me know how to prepare a NIL statement of account in case of the following scenario;

    1. Paid up capital- Rs. 5,00,000/-
    2. Reserves- Rs. 95,00,000/-
    3. Unsecured Loan- Rs. 90,00,000/-
    4. Brought forward losses- Rs. 85,00,000/-
    5. MAT Losses- Rs. 25,00,000/-
    6. MAT Credit Entitlement- Rs. 3,00,000/-

    Thanks & Regards,
    Read more on : loans balance sheet unsecured having strike company voluntary

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