Allotment of can be done before receipt of Money
This query is : Resolved
24 May 2020
Dear Expert,
I want to know in case of Preferential allotment Share can be allotted before receipt of Money from foreign investee, if company do so what are the consequences and also company is in the process of filing FCGPR and bank raised objection on allotment of Share before receipt of money. What can a company do now to file FCGPR validly.
I want to know in case of Preferential allotment Share can be allotted before receipt of Money from foreign investee, if company do so what are the consequences and also company is in the process of filing FCGPR and bank raised objection on allotment of Share before receipt of money. What can a company do now to file FCGPR validly.
25 May 2020
It is not safe to allot shares before receipt of money.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- EXPORT COMMERCIAL INVOICE HSN CODE
- Cash balance limit and property purchases limit
- FCRA 6 E- Intimation
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- GST not cancelled by tenant
- FORM 141 SDV query
- Filling ITR - U
- Form 140 tds
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
