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Liquidation of companies

Accountancy

Sir this they spefically said bank OD 30000 will pay from DIRECTORs personal resources. Then why they shown in "liquidators final settlement account" as its are paying from asset which are realised

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Balaji R

Balaji R

CA Final

★ 20K+

27-Sep-21 13:23

352

Answers (1)

The company will need to repay the directors.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

27-Sep-21 14:15

Your Reply

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