Increasing paid up capital of the company by private limited
This query is : Resolved
22 February 2016
Dear All
Please tell me whether we need deposit amount in the Bank account for increasing paid up capital by private limited company or we can do through showing receiving money by cash for allotment of shares.
Please reply as soon as possible.
Please tell me whether we need deposit amount in the Bank account for increasing paid up capital by private limited company or we can do through showing receiving money by cash for allotment of shares.
Please reply as soon as possible.
22 February 2016
YES YOU NEED TO DEPOSIT AMOUNT IN BANK ACCOUNT OF THE COMPANY. COMPANY CAN'T RECEIVE SHARE APPLICATION MONEY IN CASH
22 February 2016
Thanks for giving me reply but in case of right issue for increasing paid up capital, can we received cash for the same or not?
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