Capital of company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 July 2011
Can a private Limited Company call up lesser amount of capital than the subscribed capital?
18 July 2011
It can call up lesser amount of capital for an installment. But it has to call-up the whole of the subscribed capital within one year of allotment.
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 July 2011
Can you please mention the provision of the Act or any other reference, wherein this has been mentioned?
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