Disclosure

This query is : Resolved

Asawari Malhotra (Querist)
Follow

25 July 2013 if finance is raised by issuing additional equity shares, then does it need to be specifically disclosed to the shareholders regarding where THAT SUM RAISED in particular, will be invested ?

Kumar

Kumar (Expert)
Follow

01 August 2013 Revised schedule VI provides as follows:

"V.Where in respect of an issue of securities made for a specific purpose, the whole or part of the amount has not been used for the specific purpose at the balance sheet date, there shall be indicated by way of note how such unutilized amounts have been used or invested."

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Anoop KK

Ravi

HITESH NIRANJAN SAHU

kambamcr@gmail.com

siddhesh satardekar

Subscribe Now

Disclosure

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant