Paid up capital related issue ( pvt ltd )
Querist : Anonymous
Although I did read all the rules/acts to best of my capabilities , I think I made a mistake regarding paid up capital.
I registered company's paid up capital as Rs 2,00,000 but in MoA , I only declared capital of Rs 8,000 as shares of first subscribers.
We have not done any business yet and I will distribute shares to other members and get the money (Rs 2,00,000/-) before we commence our first project.
Can you tell me if I am in any sort of trouble w.r.t. said issue or will it be fine as no official transaction or business has taken place.
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Opting our of sec 44AD
- Form 121 & TDS deduction
- GST Treatment of Insurance Commission for Existing GST Holder
- Inter corporate deposits
- Invoice V/S Goods receipt Note Date
- Regarding appeal to GSTAT
- Multiple trade mark
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Transporter Declaration form
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
