Failure to bring Paid up Capital
This query is : Resolved
12 October 2019
A private Limited Com by share has incorporated in the month May 2019, with Authorized Share Capital of 10 Lac and Paid up Share Capital of 5 Lac, but till date unable to bring the paid up capital of 5 Lac, what is the time limit? What is the consequences of not bringing paid up capital of 5 Lac as mentioned in MOA? Can Company reduce paid up capital in MOA? If yes then what is the procedure to reduce the paid up capital in MOA?.... Appreciate your valuable reply.
14 October 2019
There is time limit of 6 months for subscribing paid up capital.
Also you need to file form INC 20A for the same.
For further query, please feel free to contact us
Also you need to file form INC 20A for the same.
For further query, please feel free to contact us
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 2 Short Term gain & Long term gain
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Difference in tax comparison report
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
