06 October 2010
our Company which is a listed co has received share application money of rs. xyz. whether disclosure iof the same is required to be amde in annual report or corporate governance report.
If yes then what points are to be disclosed. PLz forward a apecimen
06 October 2010
No disclosure required in CGR or directors report. No need to highlight the receipt. However the same should be reflected in the balance sheet schedules as a liability according to your accounts department.
For sample presentation i would advise you to download some BS from net and check the presentation of share application money.
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