Cash withdrawal by private limited company

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Nikhil Chawla (Querist)
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30 July 2014 How much cash can be withdrawal at one go by a Private Ltd. Company for day to day requirements. And the open cheque needs to be issued on whose name for cash withdrawal, it be self, cash or on directors name.

Guest

Guest (Expert)

30 July 2014 it should be self cheque dear.. and a resonable amount depending on your requirements can b withdraw

though there is no restrications there but its good to withdraw reasonable amount in cash only

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