19 September 2011
Whether subscribers of Pvt Co. to the memorandum, is required to bring full share capital subscribed as per subscription caluse of MOA in the capital immediately on incorporation/subscription and in how much period after the incorporation the full share capital shall subscribed by the subscribers as per MOA subscription caluse. If the authorised & subscribed capital is Rs. 25 Lakh, then can they bring minimum subscription of Rs. 1 Lakh as paid up Capital only in the form of partly paid shares?
19 September 2011
Subscribers to the memorandum, is required to bring full share capital subscribed as per subscription caluse of MOA in the capital as soon as possible.
Minimum paid up capital of a pvt. ltd. company should be Rs. 1 lakhs.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
19 September 2011
Whether subscribers of Pvt Co. to the memorandum, is required to bring full share capital subscribed as per subscription caluse of MOA in the capital immediately on incorporation/subscription and in how much period after the incorporation the full share capital shall subscribed by the subscribers as per MOA subscription caluse. If the authorised & subscribed capital is Rs. 25 Lakh, then can they bring minimum subscription of Rs. 1 Lakh as paid up Capital only in the form of partly paid shares?
CAclubindia
