Accountancy, asked by sumitkumar99110, 4 months ago

Court Confirmation Order has to be registered with the
companies,​

Answers

Answered by naveenjoshi01974
5

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Answered by Jaswindar9199
0

QUESTION:-

Court Confirmation Order has to be registered with the

Companies

ANSWER:-

  • Court Confirmation Order has to be registered with the Company Law Board.

  • Company Law Board is the answer.

EXPLANATION:-

  • Specific explanation and confirmation by Company Law Board are required for alternation of inscription.

  • Before Court confirmation order the Company Law Board must be satisfied that adequate notice has been given to every debenture holder of the company, and to every creditor who, in the viewpoint of the Company Law Board is authorized to object to the alteration, and who implies his complaint in the manner that is directed by the Company Law Board

  • Company Law Board assures to carry on with its business more financially or more effectively, to achieve its main objective by new or improved means, and to expand or change the limited area of its systems.

  • The alteration by the Court shall not take outcome until it is confirmed by the Company Law Board on appeal.

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