Security exp.
This query is : Resolved
05 August 2014
SUPPOSE, COMPANY ISSUE 10000 EQUITY SHARE AT RS. 50 (FACE VALUE RS. 10 ) . OUT OF SUCH MONEY COMPANY BUY MACHINERY COSTING RS.300000. CAN COMPANY DO SO
05 August 2014
yes
06 August 2014
THAT MEANS SIR I UTILIZED SECURITY PREMIUM OTHER THAN MENTION IN SEC .78
06 August 2014
THAT MEANS SIR I UTILIZED SECURITY PREMIUM OTHER THAN MENTION IN SEC .78
06 August 2014
Section 78 says that it can be applied as paid up capital of company. Capital of company can be utilized for purchase of p&m.
09 August 2014
CAN I UTILIZE SECURITY PREMIUM FOR PURCHASING A MACHANARY
09 August 2014
Yes Ms. B, yes
09 August 2014
Yes Ms. B, yes
09 August 2014
plz read section 78 carefully
11 August 2014
plz answer my question, can company invest capital money on p&m or f a ?
11 August 2014
plz answer my question, can company invest capital money on p&m or f a ?
11 August 2014
plz answer my question, can company invest capital money on p&m or f a ?
11 August 2014
plz answer my question, can company invest capital money on p&m or f a ?
11 August 2014
than why not Security premium. Yes there is some restriction on security premium but no law will prevent a company to use security premium to purchase assets for business use.
11 August 2014
than why not Security premium. Yes there is some restriction on security premium but no law will prevent a company to use security premium to purchase assets for business use.
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