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 375 of the Companies Act, 2013: Winding Up Unregistered Companies and Conditions for Involuntary Dissolution</h1> Section 375 of the Companies Act, 2013, outlines the process for winding up unregistered companies. Such companies cannot be wound up voluntarily but may be wound up if they are dissolved, cease operations, are unable to pay debts, or if it is deemed just and equitable by the Tribunal. A company is considered unable to pay its debts if it fails to respond to a creditor's demand or legal proceedings within specified timeframes. The term 'unregistered company' excludes certain entities like railway companies and those registered under specific acts but includes partnerships, LLPs, societies, and associations with more than seven members.
TaxTMI 
