Share Application money pending allotment falls under which head in the context of Schedule III of the Companies Act 2013?

Shareholder's Fund Current Liabilities Reserves and Surplus None of the above

None of the above

As per Schedule III of the Companies Act 2013, share application money not exceeding the issued capital and to the extent non-refundable shall be classified as non-current. It will be shown on this face of balance sheet as share application money pending allotment.