A company having authorised Cap Rs. 5 Lacs & Cash Balance Rs. 5 Lacs. Now If a Company wants to get the benefit of Easy Exit Sceme 2010 then what would be the Position of Cash Balance in The Company's Balance Sheet, Will the Same should be distributed amongst members???
- As Per ROC Authority, Company's Balance Sheet must not Contain Immovable Properties and Charges, Cash Balance can Be a part of balance sheet.
Kindly give the suggestions for the above.