Share application money pending allotment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 May 2014
1)In balance sheet(2012-2013) of our company their is share application money pending for allotment, now as per new Companies Act (2013) what needs to be done with this amount?
2)Company XYZ is a holding company had paid some amount to its subsidiary company as advance can that amount be taken as advance for goods to be supplied in current year balance sheet?
2)Company XYZ is a holding company had paid some amount to its subsidiary company as advance can that amount be taken as advance for goods to be supplied in current year balance sheet?
Guest
Guest
(Expert)
14 May 2014
Treat the money as unsecured load and go ahead
Guest
Guest
(Expert)
14 May 2014
Treat the money as unsecured loan and go ahead
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