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Can Additional director close the company and file STK4 form?


11-Apr-2023 (In Corporate Law)
Can Additional director close the company and file STK4 form?
Answers (1)

Answer #1
983 votes
An additional director can perform all the functions of a Director under the Companies Act, 2013. However to close down a company, Company needs to follow the procedure of winding up under the companies act, 2013 and/or insolvency and bankruptcy code, 2016 as applicable to the facts and circumstances of each case.

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