As 18 disclosure

AS 611 views 2 replies

As per AS 18, is disclosure required to be made in case of issue of shares to director?

Also, is a disclosure required in case of conversion of unsecured loan into share capital which was received from director by the company?

Replies (2)

Disclosure is required to be given when director is a key management personnel. i.e CEO,CFO etc. or he is the MD.

Disclosure is required to be given when director is a key management personnel. i.e CEO,CFO etc. or he is the MD.  


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