Share application money

This query is : Resolved 

06 February 2012 should share application money received be shown as subscribed capital and issued capitalin Annual Return ?

07 February 2012 Please don't show as subscribed / issued capital in Schedule V ( annual return).

07 February 2012 NO,
Share application Money is money received from the shareholders, which is either refunded back or issued share.It a laibailty on the Company.




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