Corporate lawyers in Chennai offer legal support for winding up a company. This service can be essential for companies in distress. It allows them to liquidate assets and pay off debts without further complications. Rajendra Law Office, Advocates, and Attorneys is one of the leading corporate law firms in Chennai and offers this service. Do you need legal help in Chennai or anywhere else in Tamil Nadu? contact the Rajendra Law Office for professional guidance. You will be happy with the level of service you receive here. Winding up of a company legal procedure The “winding up” of a company is a legal procedure that companies use to end their operations. It involves the sale of company assets and distributing the proceeds to creditors. The process can take place on a voluntary basis or as a court-ordered procedure. In a voluntary winding up, members of the company may pass a resolution that the company be wound up and that a liquidator is appointed. The liquidation will then commence, and the company must give notice of the start of the winding up to its creditors. A voluntary winding up is a relatively simple process. Moreover, it finds uses in both public and private companies. This type of winding up can be triggered by shareholders or contributors, who believe that the company is insolvent and cannot pay its debts. Voluntary winding up of Companies When this happens, the creditors of the company can file a court case against it. There they will […]
The Companies Act 2006 provides a full range of remedies to help you. This is mainly applicable if your company is threatened with a Company strike-off. This includes the ability to withdraw your application. In fact, you can ensure that all relevant parties are notified, as well as a statutory right to appeal against an order to strike off your company. Indian corporate law firms are available to provide legal support in the event of a company strike-off. Rajendra Law Office, Corporate Lawyers in Chennai, Company Advocates is a leading corporate law firm in India. They provide legal assistance to companies during and after a strike-off. The firm’s team of experienced lawyers can provide advice on all aspects of corporate law. This includes mergers and acquisitions, dissolution, and other financial matters. Company strike off Remedies and Legal Support in Chennai There are a number of steps you can take to avoid the need for your company to be struck off, such as ensuring that your company’s accounts are filed on time and agreeing to more favorable payment terms with those who owe you money. This can mean receiving the money upfront or shortening the amount of time a company must pay you at any one time. To minimize the chances of your company receiving a strike-off notice and avoid future hassle, you can take steps to limit dealings with companies at risk of being struck off. This could involve refusing to sell goods or services to them. Providing advice on […]
There are several ways to end a business. The main ones are administratively, voluntarily, and judicially. The Dissolution of Company can be a complicated process. Firstly, it is always best to have an experienced lawyer with you. A voluntary strike-off of a company is when a company formally submits articles of dissolution to Companies House to stop its activity and remove the name from its official register. This formally ends the existence of the company. In fact, it gives any concerned parties notice that they have the right to object. Rajendra Law Office has years of experience helping companies dissolve under various circumstances. The process typically takes a few months and can be very confusing, so it is important to seek out expert advice if you are considering this option. Voluntary Strike Off Of Company Legal Support in Chennai The first step in dissolving a company is to get approval from the board of directors and shareholders. Once this has been done, you can then file the appropriate paperwork with your state and liquidate any remaining assets. This can include property, equipment, and inventory that is no longer needed for business operations. Once you have disposed of these, you can then distribute the money you have left among the shareholders. This can be done on a pro-rata basis based on your ownership percentage. It is also a good idea to hire a Corporate Attorney for this process because there can be a lot of confusion about how to divide up […]
In light of the introduction of Goods and Services Tax (GST), the Union Government has sought to set up an Appeals Tribunal to resolve disputes relating to the classification, valuation, eligibility of credit, refund, etc. The expectation is that the constitution of a GST Appellate Tribunal may bring about a robust and speedy judicial mechanism that can handle complex and sensitive matters. Senior Advocates for the GST Appellate Tribunal in Chennai are well-versed in tax law and have years of experience representing taxpayers before the tribunal. At Rajendra Law Office, our tax lawyers are available 24×7 to help you appeal any decision made by the tribunal. They will work tirelessly to ensure that your case is successful and that you receive the maximum benefit possible from your appeal. Contact Top rated Taxation Lawyers today to schedule a consultation, and Senior Taxation Attorneys will be happy to answer any questions you may have. Senior Advocates for GST Appellate Tribunal in Chennai The new Appellate Tribunal will enhance the ease of doing business in the country and further make India more lucrative for trade and commerce. It will institutionalize the government’s citizen-centric approach to taxation. After filing the appeal, the Tribunal may refer it to a State President or National President for further proceedings. Once the case is heard, it will be decided on the basis of majority votes from the members. The constitution of a GST Appellate Tribunal will help in resolving regular tax disputes that are yet to be clarified […]
Are you seeking a review of a judgment from a Court of Law? You need to hire Senior Lawyers for Review Petition in Chennai. These Advocates have expertise in a wide range of legal matters and can help you get the justice you deserve. Senior Advocates in Supreme Court of India for Review Petition High Courts and Supreme courts issue writs in cases involving civil, criminal, family, and property rights. These writs can apply to order the lower courts, tribunals, or any public authority to do something that they failed to perform. These writs are also useful to redress a violation of your fundamental rights, such as the right to privacy or freedom from discrimination. Writs for review of an order, or a writ for inter-city transfer of a case are some of the common types of writs that the higher Courts can issue. They can also be issued to ask for further investigation into a case. The Supreme Court is the highest judicial body in India. Its judges are responsible for upholding, maintaining, and consolidating constitutional values. Moreover, They have a good reputation for their wisdom, expertise, and independence. Meanwhile, They can help you file a Special Leave Petition, review your case, appeal from a High court judgment, and more. Appellate Attorneys for Review Petition in Madras High Court The Madras High Court is the largest and most influential court in Tamil Nadu and is home to thousands of judicial officers and advocates. In fact, It has a well-established […]
