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What is a liquidation notice?
If this question has been asked in relation to the Indian laws than a liquidation notice means in orders issued under the Indian companies act 1956 seeking the liquidation of the company on account ofseveral reasons including Default in payment by the company. did notice is for a period of 21 days and if the company fails to show cause or make payment, then the issuer of the notice can seek liquidation of the company.
When was Evtec management services pte ltd under liquidation?
Evtec Management Services Pte Ltd was placed under liquidation on November 30, 2020. The decision for liquidation was made by the company's directors as part of a voluntary winding-up process. This action was taken due to the company's financial difficulties and inability to continue operations.
Methods of liquidation of companies?
under US law, the company can apply liqudation under two sec., sec7 & sec11
What is the Punishment for the Offences by Officers of Companies in Liquidation?
Under the Companies Act 2013, the Punishment for the Offences by Officers of Companies in Liquidation is provided under Section 336 of the Act. The Punishment for the Offences by Officers of Companies in Liquidation is as follows: The Officer of Company in Liquidation shall be punished with imprisonment which should not be less than 3 years and which can be extended to 5 years, and The Officer of Company in Liquidation shall be punished with a fine which should be less than 1 lakh Rupees and which can be extended to 3 lakh Rupees. Note: If the accused Officer of Company in Liquidation proves that he/she had no intent to defraud or conceal the company's true affairs or defeat the law, will result into a good defence for him/her.
What record company is Casting Crowns with?
Casting Crowns is part of Beach Street Records under Reunion Records which is a division of Provident Label Group; and Provident is owned by Sony-BMG (one of the world's media giants).
Can your ex company refuse to pay out your provident fund?
Yes, your ex-company can refuse to pay out your provident fund under certain circumstances, such as if there are outstanding dues or if you haven't met the eligibility criteria for withdrawal. Additionally, if there are discrepancies in your employment records or if you left the company under specific conditions, they may withhold payment. It's important to review your employment agreement and the rules governing the provident fund to understand your rights. If you believe you're entitled to the funds, you may need to follow up with the company's HR department or seek legal advice.
Can a company registered under companies act exist without contributing to Provident Fund of its employees?
If it employs less than 20 people - yes. Otherwise No
Distinguish between internal and external reconstruction of?
Internal Reconstruction: 1. No new company is formed. The existing company continues as a going concern; 2. The ailing company will not gove ito liquidation under the capital reduction scheme and 3. Involves complying the requirements under the Companies Act. External Reconstruction:- 1. A new company is formed by the existing shareholder of the old company to take over the assets and liabilities; 2. The ailing company goes into liquidation and 3. There is no need to comply with particular clause in the Companies Act. Anonymous regards Bhimireddy
What is the minimum required number of employees for under Employee's Provident Fund Act in India at present?
20 employees required for enrollment in provident fund scheme
When was the Employees Provident Fund Organization of India formed?
The Employees Provident Fund Organization of India is a statutory body of the Government of India under the Ministry of Labour and Employment. The organization is formed in 1952.
Is the amount of Provident Fund invested by an employee will come under the 1 Lakh investment limit?
Yes.
Is it necessary to work for ten years under same employer to have provident fund pen sion?
Yes.
