Reduction of subscribed capital
This query is : Resolved
RACHANA DAGA
(Querist)
17 April 2014
Respected sir/mam
If a company wants to reduce the subscribed capital mentioned in memorandum at the time of incorporation, so is their any provision for reducing the same in companies Act 2013
regards
If a company wants to reduce the subscribed capital mentioned in memorandum at the time of incorporation, so is their any provision for reducing the same in companies Act 2013
regards
SHAKTI JINDAL
(Expert)
17 April 2014
Memorandum mentions "Authorised Share Capital" and not "Subscribed Capital" Please clarify what is the exact query.
RACHANA DAGA
(Querist)
18 April 2014
actully i want to ask that company had mentioned RS 2.5 cr in subscriber page of MOA at the time of incorporation. but the company has not actually received the entire subscription amount. so kindly provide the solution to reduce the subscription amount mentioned in MOA with the intervention of court/tribual
regards
regards
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