Advertise With Us

    Capital Reduction After Conversion of CCPS

    Posted By : Kamal / Published on : 09-Jul-2021 04:20 PM / View : 1169 / Comment : 0

    Print button
    Hello,

    CCPS of Rs35 lakh (7000 of 500 each) got converted into 7000 equity shares of 100 each I.e. Rs.7 lakh. So capital has reduced by Rs.28 lakh. Do we need to approach the NCLT as capital is getting reduced? What forms will be filed with ROC to intimate reduced capital? What will be accounting treatment of the Rs.28 lakh reduction in capital?
    Read more on : ccps conversion after reduction capital

      Please Select File:



    Other Queries from Kamal
    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or ask@compliancecalendar.in