Share Application money & Proposed Dividend unpaid
This query is : Resolved
11 December 2007
What is the procedure for excess application money received? explain how to repay it? Till then where to keep this money?
Proposed dividend unclaimed what is the treatment?
what is the procedure for the unclaimed amount?
Proposed dividend unclaimed what is the treatment?
what is the procedure for the unclaimed amount?
11 December 2007
You have not mentioned what is the type of company, private or public, listed or unlisted. In any case the excess application money gas to be obviously refunded to the applicants. Till they are refunded they will have to be in a scheduled bank's account. As regards treatment of unclaimed amount please refer to section 205A and 205C of the companies Act 1956.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Refund Annexure-B
- TDS Claim year
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Liable to deduct tds and 44ADA
- Rent lease agreement
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
