ramcharan (articled assistent) (367 Points)
22 March 2013Hell friends we are forming a company when filling form-1 it is saying that preferece share capitals can not be zero or left blank
help me in this regard
Sneha
(Company Secretary)
(1594 Points)
Replied 22 March 2013
Pref Share Cap is not necessary. You can talk to MCA for the same.
VIKAS.A
(SOMETHING IS BETTER THAN NOTHING)
(1095 Points)
Replied 22 March 2013
PREFERENCE SHARE CAPITAL CAN BE "0", BUT NOT EQUITY SHARE CAPITAL
THIS MIGHT DUE TO SIGHT PROBLEM WHICH IS TAKEN OVER BY INFOSYS.
CAclubindia
