Utilisation of share premium
This query is : Resolved
19 July 2014
Can share premium be used for Investment in shares of other companies..
19 July 2014
no. please refer section 52 of companies act 2013
https://www.mca.gov.in/SearchableActs/Section52.htm
https://www.mca.gov.in/SearchableActs/Section52.htm
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