Whether Company can form with partly paid up capital?

Pvt ltd 591 views 1 replies

Hell friends,

I wanted to know whether Private Company can form with partly paid up capital (as subscribers)?

(according to Co. Act, 56, Rs.1.00 Lac should be paid up capital )

Replies (1)
Yes private ltd co can be formed by partly paid capital but capital should be>rs 1 lakh


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