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Q12. Consider the following criteria about Vanishing Companies: 1. It should have failed to file returns with Registrar of Companies (ROC) or with Stock Exchange for a period of two years. 2. None of its Directors are traceable. Which of the statements are correct?

Answer»

Q12. Consider the following criteria about Vanishing Companies:

1. It should have failed to file returns with Registrar of Companies (ROC) or with Stock Exchange for a period of two years.

2. None of its Directors are traceable.

Which of the statements are correct?




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