Share application money

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vivek (Querist)
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10 May 2014 one of the private limited company has raised share application money of 3 crs. before 31st march 2014 and 4 crs till now but according companies act 2013 there are some prohibition regarding allotment and that so what i can do now

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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10 May 2014 after 31.3.2014 co act 2013 is aplicable and u need to follow it.

vivek

vivek (Querist)
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12 May 2014 sir but i want to do backdated is it possible and what will be the panelty

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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15 May 2014 no u cant do it any more as already 1.4.2014 has passed.

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