Share Capital of Private Limited Company
This query is : Resolved
25 May 2020
Dear Expert,
Can the share capital of private limited can be reduced below 1 lakh.
If yes, then whether there not be any consequences
Can the share capital of private limited can be reduced below 1 lakh.
If yes, then whether there not be any consequences
25 May 2020
Yes follow the provisions.
26 May 2020
By complying sec 66 , I can reduce the sharecapital even below 1 lakh
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