Preferential allotment of warrants
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 December 2010
Dear Experts,
Please let me know, whether it is statutorily required to open a seperate bank account for depositing the proceeds of the pref issue of warrants ( ie 25% payable intially) or can the company keep the proceeds in a current account only???
Pls reply. Its urgent.
Please let me know, whether it is statutorily required to open a seperate bank account for depositing the proceeds of the pref issue of warrants ( ie 25% payable intially) or can the company keep the proceeds in a current account only???
Pls reply. Its urgent.
23 December 2010
The Company is not required to maintain a seperate bank account for the purpose.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Clarification Required on Filing Form 141 for Joint Buyers
- HOUSING LOAN ISSUE
- Taxability of Partnership firm for FY 2025-26
- Portuguese Civil Code IT Return
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- GST Rate for Catering Services
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
