banner_ad

Section 150(1)

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 July 2010 COMPANY :X" INVESTED IN COMPANY "Y" WHICH WAS INCORPORATED ON 27/01/2009,APPLICATION OF EQUITY SHARES WERE MADE ON 23/03/2009, WHILE THE CHEQUES WERE ISSUED ON 25/03/2009 AND 27/03/2009. KINDLY LET US KNOW WHAT SHOULD BE THE ALLOTMENT DATE FOR COMPANY X"
Profile Image

Jagruti (CS)

Profile Image

Jagruti (CS) (Expert)
19 July 2010 Allotment of shares can be made only after application money has been received [refer Section 75(1)(a)]

Hence the date of allotment can be 27/3/09 or any date after that date.
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


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details