Share Application Money

This query is : Resolved

CA Sanjay Baheti (Querist)
Follow

19 October 2010 Please let me know whether share application money can be greater than authorized and paid up share capital as on 31st march

CA Shiv (Expert)
Follow

19 October 2010 Yes it is possible when the shares are offered but the excess amount is not paid to the investors.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess