Prepration of balancesheet

Mehul Mansukhlal Monani (Company Secretary cum Compliance Officer)   (34 Points)

16 September 2011  

Can I preapare Balance sheet of a Private Limited Company without Share capital as the subscribers to the MOA have not paid the amount for the Equity Shares allotted to them at the time of incorporation ?

Kindly revert on the same, is it possible...?