capital brought in cash

194 views 4 replies
dear all ,
I need clarification on below points.

1.can the initial capital be brought in cash .
2. what are the consequences of not opening a bank account within 30 days of incorporation of the company?
3. whether excess amount brought in by director can be shown as loan from director??

thanking you.
Replies (4)
please reply to my question...
plz
Originally posted by : srilatha maduri
please reply to my question...plz

what do you mean by excess amount
extra amount other than capital
Originally posted by : srilatha maduri
extra amount other than capital

unsecured loans from directors

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