Dear Sir,
Our company (Farmer Producer Co.) got Capital Support From Govt Agency . when we allot shares to shareholders then it's shares allotted for cash consideration or consideration other than cash .
Bishnu (Finance officer) 12 May 2015
Dear Sir,
Our company (Farmer Producer Co.) got Capital Support From Govt Agency . when we allot shares to shareholders then it's shares allotted for cash consideration or consideration other than cash .
bsrao 13 May 2015
Shares to shareholders can be against cash consideration only. If you are swapping also, the considerations are converted into equivalent cash amounts and then reflected in the books.
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