Private placement
This query is : Resolved
19 January 2015
Respected Sir,
Please suggest me than can subscriber make payment through DD instead of his/her bank account under section 42 of Companies Act,2013(Private Placement)??
Thanks In Advance.
Please suggest me than can subscriber make payment through DD instead of his/her bank account under section 42 of Companies Act,2013(Private Placement)??
Thanks In Advance.
19 January 2015
The subscription money may be paid through cheque or demand draft or other banking channel but not by cash,that too only from the proposed allottee’s bank account.
In case of joint holders, the payment is needed to be received from the 1st holder's bank account.
In case of joint holders, the payment is needed to be received from the 1st holder's bank account.
22 January 2015
Thank You So much Mitesh Sir.
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
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Depreciation of fixed assets- coop housing society in mumbai
- TDS on Consultancy- Non DTAA
- Condonation . E-Verification of last year return .
- Reopen of assessment proceeding
- DIN reactivation
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- TDS Return Q1 FY 2026-27
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
