TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 324: All Debts and Claims, Including Contingent and Estimated, Must Be Admitted in Company Winding Up.</h1> In the context of winding up a company under the Companies Act, 2013, Section 324 mandates that all types of debts and claims against the company, whether current or future, definite or contingent, must be admitted for proof. This includes debts payable on a contingency and claims that are uncertain or only estimated in damages. The provision requires a fair estimation of the value of such debts or claims, even if they are contingent or lack a definite value, ensuring they are considered in the winding-up process.
TaxTMI 
TaxTMI 
