Will share application money pending for allotment be considered while calculating paidup share capital for private company ??????
Please answer with reason...............
Mayank kharbanda
(Risk Advisory Services)
(409 Points)
Replied 26 March 2009
No, as Share Application Money is not a part of Paid up Share Capital.........
It is shown seperately in the balance sheet also.........
gourav
(student)
(113 Points)
Replied 26 March 2009
Please be specific.............
Where it is shown in B/s as per schedual vi
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