Allotment of securities
This query is : Resolved
18 February 2015
Dear Sir/ Madam,
Please help me out on this.
While allotment of shares consideration is Unsecured Loans, so the question is while filing the form PAS-3 it will be considered as;
1. consideration in Cash
OR
2. Consideration in Kind
Thanks & Regards.
Please help me out on this.
While allotment of shares consideration is Unsecured Loans, so the question is while filing the form PAS-3 it will be considered as;
1. consideration in Cash
OR
2. Consideration in Kind
Thanks & Regards.
Guest
Guest
(Expert)
18 February 2015
If the loan was received as cash(by bank), then consideration would be in cash. If the loan was introduced as an asset or in kind, the consideration would be kind.
Guest
Guest
(Expert)
18 February 2015
If the loan was received as cash(by bank), then consideration would be in cash. If the loan was introduced as an asset or in kind, the consideration would be kind.
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