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Raising capital abroad

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(Querist)
28 September 2015 Sir,
I Want to know that what is the time limit for Raising capital in private limited company by promoters from the date of certificate of incorpration
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Pratik Shah

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Pratik Shah (Expert)
29 September 2015 The subscribers to MOA has to invest money in the Bank Account of the Company within 2 months from the date of incorporation, because as per Section 56(4), the company needs to issue Share Certificates within 2 months from the date of incorporation.

I hope you know that Company can not issue share certificates without receiving share money.
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