Subsidiary company has been voluntarily deregistered. However there was an incident at a development of subsidiary company that showed that some of the work is not properly done Letter was written to the sub property. While investigations were still Ongoing by the claimant the detegiststion was completed. Can we sue the parent company? Parent company has written back that they are not liable
Dear Sir/Ms The answer depends on the nature of the process of deregistration of the subsidiary. There is a need to find out I there was fraud or misrepresentation or any wilful oversight of lawful steps in the process. We also need to know who had oversight of the process and if there was any liquidator tasked to manage the process. You may want to call me ,Subra at 93834205.