Share allotment money
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 November 2016
Dear Experts
Pls clarify weather A pvt. Company can accept the share money after 6 month of share allotment or is it mandatory to accept the money at time of share allotment,
Regds
Mukesh
Pls clarify weather A pvt. Company can accept the share money after 6 month of share allotment or is it mandatory to accept the money at time of share allotment,
Regds
Mukesh
CS Mitesh Mehta
(Expert)
23 November 2016
No.
Company can't allot the shares before accepting share application money.
Company can't allot the shares before accepting share application money.
CS Mitesh Mehta
(Expert)
23 November 2016
No.
Company can't allot the shares before accepting share application money.
Company can't allot the shares before accepting share application money.
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