Paid up share capital
This query is : Resolved
04 December 2018
DEAR SIR : A PRIVATE LIMITED COMPANY WAS INCORPORATED ON 10-04-2015 AND IN TABLE SHOWS AUTHORISED CAPITAL AS RS.10,00,000 AND ALSO PAID UP CAPITAL AS RS.10,00,000.... WHEREAS DIRECTORS HAVE NOT INVESTED RS.10,00,000 IN BUSINESS... MY QUESTION IS (1) CAN I SHOW LESSER AMOUNT OF PAID UP CAPITAL THAN RS.10,00,000 IN BOOKS OF ACCOUNT (2) HOW MUCH CASH CAN BE INVESTED... THANKS IN ADVANCE
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