Cash Received in a Private Limited Company

Kumar Sushank (General Manager - Finance)   (1040 Points)

10 July 2020  

Hi All,

I have two debtors of Rs. 50,00,000/- in my books since long time (approx. 4 years), Now Both are ready to pay in cash. Can I received the same if I'll not received then it will be bad debts for company.