Hello Eeveryone,
If the company is having share capital 1.8 crore , reserve and surplus 2.1 crore and cash in hand can it go for fast track exit. As co. did not do any transaction for more than last 2 years.
Also can Company distributes its Reserve among the shareholders of the Company in the meeting conducted for approval for FTE. If Yes, then How?
Thanks & Rehards,
Karan
Thanks Priyanka,
Can Company distributes its Reserve among the shareholders of the Company in the meeting conducted for approval for FTE and then go for FTE?
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
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CAclubindia
