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Increasing paid up capital of the company by private limited

This query is : Resolved 
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(Querist)
22 February 2016 Dear All

Please tell me whether we need deposit amount in the Bank account for increasing paid up capital by private limited company or we can do through showing receiving money by cash for allotment of shares.

Please reply as soon as possible.
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
22 February 2016 YES YOU NEED TO DEPOSIT AMOUNT IN BANK ACCOUNT OF THE COMPANY. COMPANY CAN'T RECEIVE SHARE APPLICATION MONEY IN CASH
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chanchal

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chanchal (Querist)
22 February 2016 Thanks for giving me reply but in case of right issue for increasing paid up capital, can we received cash for the same or not?
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