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Share applciation money received

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 October 2011 IS THERE ANY TIME PERIOD FOR WHICH A PVT LTD CO CAN KEEP SHARE APPLICATION MONEY BEFORE MAKING THE FINAL ALLOTMENT.PLS EXPLAIN.
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CA Neha Jain

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CA Neha Jain (Expert)
24 October 2011 no time limit is described for allotment of shares.

Please see other threads including my threads for detailed discussion on this topic.
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