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Reg:paid up capital

This query is : Resolved 
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(Querist)
21 June 2012 Within how many Days of Incorporation, the Paid up capital should be brought into the company??
Is there any Section mentioning the maximum time for bringing in the Capital into the Company??
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
21 June 2012 Minimum capital should be agreed to be paid by the subsribers of memorandum.
There is no time limit to pay such amount.
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G.Jagan Mohan

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G.Jagan Mohan (Querist)
21 June 2012 Can the Subscribers bring in the amount in 1 Year then?
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
21 June 2012 Yes, the suscribers can bring the amount into company within 1 year also.
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