Will share application money pending for allotment be considered for calculating paidup share capital for the purpose of CARO applicability on private companies.
Please answer with reason..............
Zeeshan
(Student)
(33 Points)
Replied 27 March 2009
No, because at time of calculating paid up capital, reserve & surplus included but application money is not the part of capital.
| O riginally posted by :gourav | ||
| " | Will share application money pending for allotment be considered for calculating paidup share capital for the purpose of CARO applicability on private companies. Please answer with reason.............. |
" |
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
