Will share application money pending for allotment be considered for calculating paidup share capital for the purpose of CARO applicability on private companies.
Please answer with reason..............
Will share application money pending for allotment be considered for calculating paidup share capital for the purpose of CARO applicability on private companies.
Please answer with reason..............
No, because at time of calculating paid up capital, reserve & surplus included but application money is not the part of capital.
| O riginally posted by :gourav | ||
| " | Will share application money pending for allotment be considered for calculating paidup share capital for the purpose of CARO applicability on private companies. Please answer with reason.............. |
" |
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