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Share application Money

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(Querist)
23 July 2008 What is a time limit for conversion of share application money to share capital. any other implication if the share application money not converted into share capital within the time provided for?

The co. is Pvt Ltd and unlisted co.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
23 July 2008 Are you talking about a lsted company or unlisted company?

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