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Capital of company

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2011 Can a private Limited Company call up lesser amount of capital than the subscribed capital?

18 July 2011 It can call up lesser amount of capital for an installment. But it has to call-up the whole of the subscribed capital within one year of allotment.

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2011 Can you please mention the provision of the Act or any other reference, wherein this has been mentioned?




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