Dear all,
I wsh to knw if there is any specific time limit for infusion of funds related to the subscriptttion done on signing of the memorandum???
Also what sections into the Companies Act deal with this??
Thanks & Regards
karan gandhi
Menu
Subscripttion capital from subscribers.
Replies (1)
There is not any time limit but its customary on the part of the company to show the subscripttion money as early as possible. After opening bank account the subscripttion money should be deposited.
Recent Threads
- Property purchase by parents
- Section 54f and Sale between father and Son.
- Demat of shares of private limited company
- Income only with share market around 5-6 lack
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
- Amt of LTCG required to be reinvested on house pro
Related Threads
CAclubindia
