LIVE Online Course on NDPS by Riva Pocha and Adv. Taraq Sayed. Starting from 24th May. Register Now!!
The Indian Constitution Courses

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Bishnu (Finance officer)     12 May 2015

Shares issued as cash consideration or other then cash cons

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 .


 1 Replies

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.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Post a Suggestion for LCI Team
Post a Legal Query