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share is application money included in shareholder's fund ?

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Mandan Mishra

Mandan Mishra (Querist)
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14 September 2009 is share apllication money is part of Shareholder's funds ?

SAMEER (Expert)
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14 September 2009 No, it's a current liability till allotment is confirmed

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CA CS CIMA Prakash Somani

CA CS CIMA Prakash Somani (Expert)
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14 September 2009 Right

Manmohan ACA, CS

Manmohan ACA, CS (Expert)
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14 September 2009 current liability

Ankur Garg (Expert)
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14 September 2009 Agree

Kaustuv (Expert)
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17 September 2009 No it is not a part of net worth

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