Hi all,
i have a query that in case a private limited received share application money and which was not refunded within a stipulated time ,Accordingly will be treated as deposit under the companies act.
Now company wants to refund money.
can company write off the same money or any other mode of refund?
please give me answer.

thank in advance

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Dear all ,

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please suggest and also share the draft resolution to be placed at agm

DEAR SIR
AGREEMTENT BETWEEN THE COMPANY AND FIRM HAS BEEN MADE AND APPOVAL FOR THE SAME ALSO HAS BEEN TAKEN FROM ROC BUT WHICH FORM TO FILE FOR TAKEOVER AND ISSUE OF SHARE TO NEW PARTNERS

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