Share capital in cash

swati (Articled clerck) (129 Points)

02 September 2010  

Hii,

I need to know, whether directors of Pvt. Ltd. company can bring in their share capital as in cash form( is it necessarily to be in cheque). If yes, is there any limit to the amount brought in. Will it attract sec 269ss and sec 269t..??

Thank u...