Application money
This query is : Resolved
Querist : Anonymous
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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