A company is having a profit and loss account on its asset side,whether it can raise capital again by share holder contribution or is there is any provision emitting the same ?
Menu
Raising capital
Replies (2)
Under Company Act, share holder can contribute to share capital of the comapy even though there is any unabsorbed loss was remain in the balance sheet
CA Shriniwas Khadloya
yes it can raise
Recent Threads
- How much cash deposit allowed in bank for loan rep
- Income Tax Compliance Notice for Donation
- Foreign share dividend tax can be claimed in Sched
- CAPITAL GAIN ON SALE OF PVT LTD COMPANY'S SHARE
- Treatment of Capital subsidy for calculating taxab
- Time limit under section 119(2)(b) of ITA for AY 2
- How much cash allowed to loan prepayment to bank
- Procedure for 'inter-unit job work' under GST Act
- Advances received and Advances adjusted - HSN Summ
- Tax on Sale of Companys Shares
Related Threads
CAclubindia
