can a company mortgage or charge any part of its reserve capital?
aashish jaidka (na) (34 Points)
27 March 2010can a company mortgage or charge any part of its reserve capital?
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 27 March 2010
No reserve capital can not be mortgaged.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)