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Company closed shares amount invested

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(Querist)
12 March 2014 Hi
Friends
Example :Mr.X is invested in ABC Company the company is closed but the company not paid any shares amount to Mr.X .

Then how Mr.X can close in his books by passing Journal entry .
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CA Vivekanand Pote

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CA Vivekanand Pote (Expert)
12 March 2014 Investment in ABC Ltd. must be appearing in the balance sheet of Mr. X. Mr. X holds the share certificate for these shares. Unless he receives bsck his share capital the investment will stand as it is in his books.

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