If it goes to liquidation, priority of fund distribution would be
1. Current a/c holder payment
2. Saving a/c
3. Fixed a/c
4. Debenture if amy
5. Preferential share
6. If remain public shareholder
7. If remain promoters
I doubt sharemarket will be in position to give any return to shareholders. Its unfortunate investment and lesson yo small investor.
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#1 Sun Jun 01, 2014 11:18 am
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Registered: Jun 2013
Posts: 101
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#2 Sun Jun 01, 2014 11:08 am
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Member
Registered: Oct 2013
Posts: 44
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I have invested around 5 Lakhs in Scripts of Nepal Share Markets and Financial Company. I have heard that company is going to liquidated its property due to fraud committed by its formal chairman. Now what you happen to those scripts do i get money back? Please give me the expert advice what should i do ?
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