Hi
I want to know one thing. If I incorporate company of 5 lakh. capital. As soon as Company form I need to credited in my company bank account amount of 5 lakh.
What if I transfer amount 10 Lakh from promoters. How it will be consider
Thanks
Munali (xyz) (29 Points)
02 December 2011Hi
I want to know one thing. If I incorporate company of 5 lakh. capital. As soon as Company form I need to credited in my company bank account amount of 5 lakh.
What if I transfer amount 10 Lakh from promoters. How it will be consider
Thanks
Bhanu Prakash Rao
(Think Beyond Stay Ahead...!)
(1064 Points)
Replied 02 December 2011
Hi
It can be treated as unsecured loans from directors.
Munali
(xyz)
(29 Points)
Replied 02 December 2011
Thanks Bhanu,
Tell me more if the company is 100% foreign subsidary and promoter put the more money. So how it will be consider..
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