03 December 2008
My company [will register this dec] has authorized capital of Rs.50 lakhs [5 lakh@10] and paid up capital of 5 [.5 Lakh @10] Lakhs. It is a Pvt Limited company. I have a plan to collect another 5 Lakh[.5 Lakh@25] from others with premium as we have some intellectual property. I would like to confirm that this is not against any rules. Please guide me on this case
Regards Anil Jacob Tax Analyst Ernst&Young
Guest
Guest
(Expert)
10 October 2009
private company can collect any amount as premium.
CAclubindia
