Right Issue - Amount Pending

    Posted By : damini / Published on : 27-Feb-2020 01:06 PM / View : 110 / Comment : 0
    Print button
    Dear Members

    We are doing a Right Issue in One Company. Amount of allotment is Rs. 10.44 Lakhs to a Foreign Company who is also the existing shareholder. Out of 10.44 Lakhs 9.50 Lakhs have been received two month back and balance amount of Rs. 0.94 Lakhs is pending

    Now my question is can we receive the small amount in future after the allotment. Let us assume allotment dated is today i.e. 27/02/2020 and balance amount is received by 07th March, 2020.

    Will it create any issue at the time of filing of FCGPR.

    Is there any non compliance/violation of any provisions of Companies Act or FEMA.
    Read more on : pending amount issue right

    Other Queries from damini

    Unanswered Queries
    Latest Queries
    Like us on Facebook
    Follow Us on Twitter

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

    011-42345111 or ask@compliancecalendar.in