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Commitments and Contingencies (Details Narrative) |  | 12 Months Ended
--- | --- | ---
Jun. 15, 2016 USD ($) | Jun. 30, 2017 USD ($) ft² | Jun. 30, 2017 GBP (£) ft² | Jun. 30, 2016 USD ($)
Rentable square feet area | ft² |  | 7,210 | 7,210 |
Monthly rental payments |  | $ 23,812 |  |
Security deposit included in other assets |  | $ 23,821 |  |
Operating lease terms |  | 5 years 5 months | 5 years 5 months |
Expiry date of lease |  | Oct. 31, 2017 | Oct. 31, 2017 |
Operating lease rent expense |  | $ 1,887,840 |  | $ 1,529,618
Damages Sought, Value |  | 260,000 |  |
Counsel fee and expense | $ 175,000 |  |  |
GBP [Member] |  |  |  |
Damages Sought, Value | £ |  |  | £ 200,000 |
Australia [Member] |  |  |  |
Monthly rental payments |  | $ 5,296 |  |
Operating lease terms |  | 3 years | 3 years |
Lease expiration date |  | June 2018 | June 2018 |
Beijing [Member] |  |  |  |
Monthly rental payments |  | $ 32,427 |  |
Operating lease terms |  | 3 years | 3 years |
Lease expiration date |  | August 2019 | August 2019 |
Bangkok [Member] |  |  |  |
Monthly rental payments |  | $ 9,303 |  |
Operating lease terms |  | 3 years | 3 years |
Lease expiration date |  | May 2020 | May 2020 |
NetSol Europe [Member] |  |  |  |
Monthly rental payments |  | $ 10,353 |  |
Expiry date of lease |  | Jun. 23, 2021 | Jun. 23, 2021 |
VLS facilities [Member] |  |  |  |
Monthly rental payments |  | $ 3,082 |  |
Lease expiration date |  | July 2026 | July 2026 |

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- Definition The amount of securities on deposit with clearing organizations and other entities which provide services necessary to operations of the Company. This item would include, for instance, securities advanced as refundable collateral for securities borrowed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.8,17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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