CA Inter doubt
Section 67 ki condition pvt company p bhi apply hoti h ya nhi?
Asked by Muskan3 May 2025923 views
CA Inter doubt
Asked by Muskan3 May 2025923 views
Ananya · 3 May 2025
Non-applicability of Section 67: 1 . Pvt co. (92+137) and IFSC Public Co. where all the conditions are fulfilled: In whose share capital, no other BC has invested Borrowings from banks/FI or BC is Lower of - 2x PUSC or Rs. 50 crores, AND ➤ Co. has no subsisting default in repayment of borrowing 2 . 67(1) shall not apply to Nidhi co when shares are purchased from members on ceasing to be a depositor.
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