Urgent query regarding issue of share certificate to moa subscribers
(Guest)
My bank account for pvt ltd is taking 10 days late to open. So, if I issue the share certificates after 80-90 days of incorporation (instead of 60 days), will that attract heavy fine? The share capital is only 10 thousand (both paid-up and authorized.)
The delay is because of delay of receiving PAN card and due to bank processing time.
Please answer. Very urgent concern.
Thank you.