Registration of pvt company by reduced capital
Querist : Anonymous
after name approval. I want to register company with capital of Rs. 1 lakh.
what is the procedure for it .
Please check, whether your company name approval is depend on capital or not. And if not depend then you can do so with an NOC from all promoters in this regards.
Regards
Querist : Anonymous
The following circular will help you regarding capital base:
Circular No. 27/1/87/CL.III, dated 13-3-1989.
Regards
Querist : Anonymous
I have contacted ROC for this issue. accrding to them after name approval capital can not be reduced.
Increment in capital is possible at the time of registration.
Really valuable information.
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