ABG Shipyard Fraud Explained
Business

ABG Shipyard Fraud Explained

Magdalla Shipyard Pvt Ltd was formed in 1985 in Surat. The shipyard was involved in the manufacture and repair of ships. Ever since it delivered its first ship in 1990, the ship builders have manufactured and delivered over 165 ships. Out of these 165, some were even made for international markets.

Continue Reading about 2 years ago
A guide to Corporate Insolvency Procedure
Legal

A guide to Corporate Insolvency Procedure

Insolvency and Bankruptcy Code,2016 (IBC,2016) came in to force on 28th May 2016. The law relating to reorganization and insolvency of corporate body is dealt with by this act.

Continue Reading about 5 years ago
Liquidation of Company
Legal

Liquidation of Company

Company being artificial person can only be dissolved by striking off the register of companies. This is called liquidation of company.

Continue Reading about 6 years ago