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Share application money

This query is : Resolved 
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(Querist)
15 January 2013 According to revised schedule 6 share application money is to b shown after reserve and surplus or in current liability and wether tym period of pending allotment is more than one year then where to show in the balance sheet?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
16 January 2013 To be shown in the head 'share application money pending allotment'.
Positioning in b/s is in between 'shareholders fund 'and 'non current liabilities'.
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