Receiving of share advance


This query is : Resolved 

(Querist)
17 December 2012 Dear Sirs,

Whether a public limited company can accept share advance in the form of Cash or cash deposit into account or D.D.

Ajay Mishra (Expert)
19 December 2012 Hi

You are talking about receiving share application money or shares are allotted without actual money is received by the company.


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