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Share application money received in excess of issued share capital should be shown as a current liability. When a company receives share application money in excess of its issued share capital, it represents an obligation to return the excess amount to the applicants if the shares are not allotted. The amount which is yet to be allotted will come under Share application money pending allotment, however amount over and above the issued share capital will be shown as current liability.
Who prepares a panel of names of persons fit to be appointed as Public Prosecutors or Additional Public Prosecutors?
In the context of the Information Technology Act, 2000, who is referred to as the person in whose name the electronic signature certificate is issued?
The interim resolution professional conducts the first meeting of the Committee of Creditors ________________
Article 14 of Constitution of India is related to
Which of the following sections of Limitation Act deals with effect of substituting or adding new plaintiff or defendant?
The Speaker and Deputy Speaker of Lok Sabha are chosen by?
What is the enactment date of the IRDA Act, 1999?
Article 18 of Constitution of India is related to
According to the Airport Authority of India Act ______________means a landing and taking off area for aircrafts, usually with runways and aircraft maint...
Under the Arbitration and Conciliation Act, 1996, what is the primary purpose of arbitration?
