Easy Office
LCI Learning

Allotment of shares

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 January 2013

hi all,

Please let me know if debts can be treated as cash for allotment of shares.

Thank you,
Profile Image

CA Priyank Singhi

Profile Image

CA Priyank Singhi (Expert)
20 January 2013 In my opinion debt cannot be treated as cash for any matter.
Profile Image

shanthini

Profile Image

shanthini (Querist)
21 January 2013 Please let me know the section which deals with debts treated as cash for allotment of shares
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

shanthini

Profile Image

shanthini (Querist)
21 January 2013 Hi all,

Please note that the share are alloted to the promoter's of the company for considerations other than cash .i.e property.

Please let me know the procedure for the same.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links