Share Application Money

    Posted By : CS Gaurav / Published on : 14-Jul-2018 06:29 AM / View : 158 / Comment : 0
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    Hello Professionals,

    In a Pvt Ltd company one director has taken share application money from promoters, even after passing of a year he has not issue shares to them.

    What is the remedy available for the promoters?

    Can they approach to NCLT under I & Bc Or Under oppression and mismanagement u/s 241-242 ??
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