Share application money?
This query is : Resolved
R.AJITH KUMAR
(Querist)
28 February 2013
1.Please let me know that can the share application money be used for any purpose (e.g, payment to creditors) before allotment of shares in a private limited co?
2.An unlisted Company(Pvt. Or closely held Ltd Co.) received share application money from its promoters/directors. can any one please let me know what is the time limit for allotment of shares against the application money received.
URGENT....
2.An unlisted Company(Pvt. Or closely held Ltd Co.) received share application money from its promoters/directors. can any one please let me know what is the time limit for allotment of shares against the application money received.
URGENT....
28 February 2013
what factors or situations could be called as oppression in case of private limited Company???
Ajay Mishra
(Expert)
28 February 2013
Hi
In case of private limited company no time limit for holding share application money.
In case of private limited company no time limit for holding share application money.
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