A company is having a profit and loss account on its asset side,whether it can raise capital again by share holder contribution or is there is any provision emitting the same ?
Menu
Raising capital
Replies (2)
Under Company Act, share holder can contribute to share capital of the comapy even though there is any unabsorbed loss was remain in the balance sheet
CA Shriniwas Khadloya
yes it can raise
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
