Issue of shares

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Chartered Accoutant
236 Points Posted on 03 August 2011

Hi all,

Can consideration against shares be collected by way of cash. It is an unlisted public company   

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On 03 August 2011 at 13:59 Report
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Corporate and International Taxation
1174 Points Posted on 03 August 2011

Yes it can be collected

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On 03 August 2011 at 14:35
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Legal Professional
393 Points Posted on 04 August 2011

Dear Vishal,

The consideration can be collected in cash or anything except cash.

Thanks & Regards 

Amit Mishra

BSamrish & Co.

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On 04 August 2011 at 13:03

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