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share is application money included in shareholder's fund ?

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(Querist)
14 September 2009 is share apllication money is part of Shareholder's funds ?
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SAMEER

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SAMEER (Expert)
14 September 2009 No, it's a current liability till allotment is confirmed
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
14 September 2009 Right



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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
14 September 2009 current liability
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Ankur Garg

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Ankur Garg (Expert)
14 September 2009 Agree
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Kaustuv

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Kaustuv (Expert)
17 September 2009 No it is not a part of net worth

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