Is there any concept of drawing of good
Atharv Sankliya (1289 Points)
11 January 2022Atharv Sankliya (1289 Points)
11 January 2022
CA Puja Sharma
(Chartered Accountant)
(4858 Points)
Replied 11 January 2022
Please elaborate what do your mean by drawing here? Is it use of goods for personal use by directors?
Atharv Sankliya
(1289 Points)
Replied 11 January 2022
Tanuj Chandra Saxenaa
(Company Secretary)
(7065 Points)
Replied 11 January 2022
CA Puja Sharma
(Chartered Accountant)
(4858 Points)
Replied 12 January 2022
Yes there is n such drawings allowed to directors from the Company. Adjust the amounts taken by the directors from the company with their remuneration payment.
sabyasachi mukherjee
(21610 Points)
Replied 16 January 2022
Susmita Dutta, CA , CPA
(CA )
(2141 Points)
Replied 02 February 2022
There is no concept of drawings in Public or Private Companies.
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