caro
This query is : Resolved
29 June 2010
what is the meaning of preferential allotment in audit report?
one of our client allots shares of the private company to its existing share holders does it amounts to preferential allotment?
one of our client allots shares of the private company to its existing share holders does it amounts to preferential allotment?
29 June 2010
No. Preferential allotment nothing but the allotment of shares not in the basis of the existing share holding p-ercentage.
Allotment of shares to one of the share holder is the preferential allotment without giving to the other share holder or even to a non-share holder
Allotment of shares to one of the share holder is the preferential allotment without giving to the other share holder or even to a non-share holder
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- 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
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
