Insolvency precedes bankruptcy and liquidation follow bankruptcy.
Insolvency warnings:
drop in sales
delay in payments
Increasing reliance on credit
Cash flow test:
when cash flow IN s less than cash flow OUT flow.
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Objectives:
This article is contributed by Partners of SBS and Company LLP - Chartered Accountant Company. You can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it.
Key Topics Covered:
This article is contributed by Partners of SBS and Company LLP - Chartered Accountant Company. You can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it.
Employee’s Provident Fund and Misc. Provisions Act, 1952 regulates the procedure for employee registration along with other functions.
If the employee is registered under Employees’ Provident Fund, he will be allotted with UAN (Universal Account Number) and One Employee need to have only one UAN. Like One Person one PAN (Permanent Account Number).
For New Employee Registrations, Aadhaar details are mandatory. If Employee’s UAN is linked with his/her Aadhaar number then he can use many online services for withdrawal of PF and others, instead of going to Employees’ Provident Fund Offices.
Key Topics Covered:
This article is contributed by Partners of SBS and Company LLP – Chartered Accountant Company You can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it.
