whether criteria to be checked
- as on date of AGM (for example 15th July), or
-31st March,or
-any time during the year ended 31st March?
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Company law query sec 139(2) read with rule 5
Replies (4)
on the date of appointment
date of appointmwnt = date of AGM. Even o/s borrowings feom PFI and o/s deposits to be checked as on date?
I think it is on balance sheet date
in my opinion paid up capital to be checked on balance sheet date but public borrowings at any point of time during the year
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