Kunal Shah
14 January 2013 at 21:22
Dear All,
In a situation where a listed company defaults on paying interest on time;
1) Is it better to go to Company Law Board first or should the depositor file a Winding Up Petition?
2) Can the depositor ask the CLB for a list of all FD holders with that company, so they may form an association and lodge a complaint with CLB, or as a group, file a Winding Up petition?
Company fixed deposit
Dear All,
In a situation where a listed company defaults on paying interest on time;
1) Is it better to go to Company Law Board first or should the depositor file a Winding Up Petition?
2) Can the depositor ask the CLB for a list of all FD holders with that company, so they may form an association and lodge a complaint with CLB, or as a group, file a Winding Up petition?