As per AS 18, is disclosure required to be made in case of issue of shares to director?
Also, is a disclosure required in case of conversion of unsecured loan into share capital which was received from director by the company?
2 Replies
Mohammad Asif
(chartered accountant)
(191 Points)
Replied 31 May 2013
Disclosure is required to be given when director is a key management personnel. i.e CEO,CFO etc. or he is the MD.
Mohammad Asif
(chartered accountant)
(191 Points)
Replied 31 May 2013
Disclosure is required to be given when director is a key management personnel. i.e CEO,CFO etc. or he is the MD.
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