Refund of shaare application money


This query is : Resolved 

21 December 2010 Dear Sir

A private limited company has refunded the share application money to its recipients.

What would be the compliance part that has to be carried out by the company?

Regards


21 December 2010 update the share application register.

21 December 2010 Hi Aditya Sir,

Thanks for the reply.

No there compliance required like intimation to the applicant and others.

21 December 2010 Yes u have to intimate the applicants for the refund.


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