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Under companies act

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(Querist)
17 January 2015 In Which section of companies act there is voulation in case Of conversion Of money Taken as advance in share capital
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c.bakshi

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c.bakshi (Expert)
19 January 2015 i think you are talking about "advance money taken" it is covered under the definition of deposit and covered under section 73-76 of the companies act, 2013

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