Legal Question in Business Law in India
disposal of asset of sick company
a sick government company whose all employess have been given VRS and thus has no employess wants to dispose of all the assets through the tendering process.
whether any refrence or application has to be made to AAIFR for discharging the company from the provisions of SICA,1985 before it can dispose off the assets?
Asked on 5/28/07, 1:47 am
1 Answer from Attorneys
G. M. Gupta
gmguptaandassociates
Re: disposal of asset of sick company
not my area
Answered on 5/29/07, 2:33 pm
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