Share application money pending allotment as companies act 2013.
This query is : Resolved
R. Manikandan
(Querist)
24 July 2014
This is unlisted private limited company, we have keeping sum share application money pending allotment , What we can do?We will refund the money ? Or keeping the money ?What the rules the above question .
Nikhil Kaushik
(Expert)
25 July 2014
please refer section 42 alongwith 73 and 74...
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