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Treatment of share application money

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 June 2016 Dear Sir,

Please help with the following, One of my client, a Private limited company has share application money pending before the commencement of Companies Act 2013.

Now, my query is what is treatment we can give. Either to go with the provision of Deposit or to make Alootment of share.

Please Suggest.
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Querist : Anonymous

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Querist : Anonymous (Querist)
17 June 2016 Please Suggest me the best solution to my query.

Thanks in Advance.

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