Refund of share application money of a private ltd co.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 November 2012
Sir,
please give the information about is Board meeting is required for refund of share application money of Pvt Ltd because amendments are silent with respect to refund of share application money of Pvt Ltd.
regards
Praveen
please give the information about is Board meeting is required for refund of share application money of Pvt Ltd because amendments are silent with respect to refund of share application money of Pvt Ltd.
regards
Praveen
Ajay Mishra
(Expert)
21 November 2012
Hi
Yes, Board meeting is required to refund the share application money and meeting will also discussed that the reasons for not alloting shares or why the company are refunding the application money.
Yes, Board meeting is required to refund the share application money and meeting will also discussed that the reasons for not alloting shares or why the company are refunding the application money.
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