CHARTERED ACCOUNTANT
25 Points
Posted on 24 February 2014
I want to know whether i should up load particulars in MCA portals with respect to
SHAREAPPLICATION MONEYRECEIVED REMAING UNADJUSTED in Balancesheet
for more than SIX YEARS
IN A PRIVATE LTD COMPANY having paid up share capital of Rs 1000000 (Tenlacs)
IN TERMS of sec 205c of the Companies Act.
I understand that there is no time limit for Pvt coy with respect to utilisation of shareapplication money received.
However MCA have sent mail instructing us to upload in terms of INVESTOR EDUCATION PROTECTION FUND RULES2012.
PLEASE ADVISE. MATTER MOST URGENT
Regards
M.Thangaraju-mthangaraju @ yahoomail.com