Why does Sec 78(2) of the Companies Act, 1956 lays down that Securities Premium A/c may be applied only for specified purposes?
1 Replies
Chris Cairns
(None)
(36 Points)
Replied 20 August 2008
sorry for posting in the wrong forum. I have reposted the question here:
/forum/messages/2008/8/13234_section_78_2_restrictions.asp
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