16 December 2009
BEING A LENDER, SHOULD I TREAT SHARE APPLICATION MONEY AS PART OF EQUITY/ NET WORTH OF THE PVT LTS CO., IF ITS AUT CAPITAL IS FULLY SUBSCRIBED AND PAID AND THERE IS NO APPLICATION MADE TO ROC/COMPANY LAW BOARD FOR INCREASE IN AUTH CAPITAL . THE MONEY IS OUT STANDING IN BALANCE SHEET FOR TWO YEARS NOW.