Related to allotment of security

This query is : Resolved 

18 January 2014 Sir there is my query about ...whether a debt due and it may owing by company to a one of shareholder of company can be set off against outstanding calls?

18 January 2014 there is nothing to suggest that it cannot be done..however given that shareholder is included please ensure that Companies Act requirements are fulfilled in relation to related party transaction etc...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query