Allotment of equity shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2010
In what period attotment have to be made after receiving allotment money?
How much period we can kept money in application ?
Is there any provision in company law for period regarding allotment of money?
How much period we can kept money in application ?
Is there any provision in company law for period regarding allotment of money?
30 July 2010
Companies Act do not provide for the time limit upto which an application money need to be kept. But as per listing agreement time limit is one year.
If it is kept for long duration it may be treated as loan
If it is kept for long duration it may be treated as loan
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
