Question ID : 46

A Private Limited company, with no operations the st three years and hence no profit and Account p

A Private Limited company, with no operations the st three years and hence no profit and Account prepared,has filed Audited accounts and Annual urn with ROC, till st year. The Bance Sheet reflects only Miscellenaous Assets-Accumuted es on the Assets and Share capital and liability to company under the same group. Is it entitled to submit an application under the SES scheme, sce the bance sheet reflects liability to company the same group or does it have to be NIL assets and NIL liabilities to be eligible under SES '

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