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Application money

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 September 2014 I would like to know the period for which I can keep money received as application money as per Cos Act,2013

21 September 2014 60 days. Inference is from Sections 62, 42 of 2013 act and Rule 13 of Companies (Share Capital and Debentures) Rules, 2014.


















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