Can a pvt Ltd. Co. take share application money at a different difference amt of premium on different different interval in the same financial year
say on 1-7-08 (some application taken at face value 10/- + Rs.40/- premium)
then on 1-9-08 (some application taken at face value 10/- + Rs.90/- premium)
again on 31-3-09 (some application taken at face value 10/- + Rs.15/- premium)
& all are alloted in same financial year whether any harm, regarding violation of Cos. Act. or what is the better options.
CAclubindia
