capital investment by partners
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 July 2010
What is the limit for partners to contribute cash in a day after withdrawing from their personal bank accounts towards their capital investment while starting their firm in the first year. Is it 20000 only or more also. If permitted, in the initial year, what about in the subsequent years. Kindly clarify.
Bharath Kumar
(Expert)
05 July 2010
there is no limit specified..
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