Directors proposition of capital
This query is : Resolved
06 February 2014
Sir,
There are two directors in the Pvt ltd company and their capital contribution is 80:20,one of the director had introduced more than 80% and the other less than 20% ,whether the director who had contributed lessthan 20% has to bring in the capital in the propotion brought by the first director.
There are two directors in the Pvt ltd company and their capital contribution is 80:20,one of the director had introduced more than 80% and the other less than 20% ,whether the director who had contributed lessthan 20% has to bring in the capital in the propotion brought by the first director.
06 February 2014
Not necessary. They will get voting power as per their shareholding.
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