Dear All,
We are a private limited company and share application money has been pending since 1 year. Now they want to convert the Share application money into unsecured loan.
Can we convert the Share application money into unsecured loan?
If it is possible guide me the procedure for such conversion.
Thanks in advance.
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Sir/Mam
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Best Regards
Drishti
Dear Sir
For example if 'A' purchased a software for Rs.50000. And its yearly renewal charges are Rs.5000.How i need to depreciate this?
As per my view we need to depreciate the software as per the life said in the schedule i.e.3 yrs and the renewal charges need to charge to p&l A/c.Is this is correct or not.
And while depreciating we need to consider residual value and finally how we need to account this residual value?
Thanks in Advance.
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Hello,
I a pvt ltd company having registered office in Delhi. I have open a branch in Mumbai. My question is, Is it necessary to get registration of branch office? if yes, where we have to apply for registration. and where we have to intimate the same.
Looking for your advice....
Thank in advance.
If a small private limited company with Share Capital of 5,00,000 and only 4 members has outstanding loan received from directors as on 1-4-2014, as per the new Companies Act, 2013 does it have to give it back? or is it okay to retain it in Balance Sheet as on 31-3-2015?
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Conversion of share application money into unsecured loan