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About capital clause

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(Querist)
29 August 2011 is sec13(4)(a) applicable to guarantee company having share capital,if yes is it mandatory or company can escape from it?
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VISHRUT

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VISHRUT (Expert)
29 August 2011 Yes it is applicable to Guarantee company having share capital.

Company can't escape from it.
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Dhanuj

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Dhanuj (Querist)
30 August 2011 thankyou sir, it really helped me
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