Allotment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 July 2011
HELLO,
A Private limited Company is incorporated with 1 crore authorized and paid up capital but now Directors are not in position to deposit 1 Cr rupees .What can be the Consequences? Or tell me the way outs available.Thanks
A Private limited Company is incorporated with 1 crore authorized and paid up capital but now Directors are not in position to deposit 1 Cr rupees .What can be the Consequences? Or tell me the way outs available.Thanks
14 July 2011
Pass a resolution in first Board meeting giving some time to subscribers to deposit the money, till then keep the cap partly paid
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