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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 .



Learning

 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.


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