Sec.180 (1) (c)
This query is : Resolved
18 June 2015
Dear,
when i have to check Sec.180(1)(c) compliances under Coys act 2013,
during the availment of loan or at the end of the year?
which share capital (Opening or closing)to be taken??
If the coy issues right issues,then what share capital i have to take??before issue or after issue, for compliances??
when i have to check Sec.180(1)(c) compliances under Coys act 2013,
during the availment of loan or at the end of the year?
which share capital (Opening or closing)to be taken??
If the coy issues right issues,then what share capital i have to take??before issue or after issue, for compliances??
18 June 2015
Hello, In my opinion the share capital and free reserves as stated in the last audited financial statements have to be considered.
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