GST demands IT demands and unpaid loans against pvt ltd company

Community Forums Legal Advice India GST demands IT demands and unpaid loans against pvt ltd company

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    • #49819 Reply
      User_6f0144db
      Participant
        U
        User_6f0144db
        PARTICIPANT
        February 21, 2025 at 11:22 pm
        My father died in July last year and after he died we had no knowledge what all issues he did in business and all the GST cases and ITC invoices taken during lockdown period unfortunately my mom is also a director but she has 0 knowledge about it GST dept has Passed few demand order as well of 12 crores they are saying the purchase party are all fraud and due to which my father’s company has to pay we have closed the business since he died and doing gst nill return filling my mom has depression and anxiety and can’t even understand English properly she was just for name sake was even requesting my dad to remove her name but he refused,there are unsecured bank loans of around 1.5crs am just 22 earning around 45k which just manages household exp we are planning to sell the house as company has no assets am really scared I just want to protect my mother at any cost as she was not liable at all never even visited office,after my dad died the office staff started harrasing us demanding for 3 months advance salary still we settled in 2 months salary and relived them, I just request how can I protect my mom in all these cases it is a pvt ltd entity my father had 75% shareholding and mother had around 24% in unsecured loans she has signed as a guarantor and applicants bank loan people are coming at home pls help, I was thinking if we file for nclt but we don’t have all the papers and last filled BS and IT was of 22-23

      • #49821 Reply
        User_1ae2400e
        Participant
          U
          User_1ae2400e
          PARTICIPANT
          February 22, 2025 at 6:42 am
          Talk to a lawyer but looks like this company can declare insolvency and cases will be striken off provided it’s a private limited company

          Talk to a company lawyer asap I can give some recommendations if needed btw

        • #49820 Reply
          Superjeevan1561
          Participant
            S
            Superjeevan1561
            PARTICIPANT
            February 23, 2025 at 2:59 pm
            Hi,

            Where are you based. This will need detailed study of the papers and only then action can be recommended. Do ping me if you want me to help.

            • #49822 Reply
              User_6f0144db
              Participant
                U
                User_6f0144db
                OP
                February 23, 2025 at 3:01 pm
                Hi am from Mumbai

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