After the incorporation of company
This query is : Open
05 January 2019
dear sir i am incorporated a company. in which i subscribed 500000 share capital in MOA .IS 500000 dedposited in company bank account for share certificate or not?
Nikhil Kaushik
(Expert)
06 January 2019
yes. it should be deposited.
Message likes :
1 times
06 January 2019
i am director of this company . can i use that deposited money for daily expenes of the company or not?
Nikhil Kaushik
(Expert)
08 January 2019
yes. you can use this money for company expenses.
Message likes :
1 times
08 January 2019
me and my wife are directors of this company and subscribe 500000 share capital each . in that time i don,t know this money wil be compulsarily deposited . now i have not enough money for deposited then what i do sir ?
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