Hi all,
Can consideration against shares be collected by way of cash. It is an unlisted public company
2 Replies
Sagar Devani
(Corporate and International Taxation)
(1174 Points)
Replied 03 August 2011
Yes it can be collected
AMIT MISHRA
(Legal Professional)
(393 Points)
Replied 04 August 2011
Dear Vishal,
The consideration can be collected in cash or anything except cash.
Thanks & Regards
Amit Mishra
BSamrish & Co.
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