07 June 2011
Dear Sir/Madam, Could you please let me know that how much time will director get to deposit share money (for subscribing shares in Pvt. co.) in to bank a/c of company after incorporation....
08 June 2011
As per subscription clause in the MOA, the subscriber / director undertakes to take specified number of shares. On incorporation, the company can open an account with the Bank and after such account opening he must deposit the money in the Company's Bank Account.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
08 June 2011
Thanks sir, But I want to know is there any time limit for deposit share money into bank a/c or we can deposit the same any time...
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