Share capital money

This query is : Resolved 

30 March 2015 CAN A COMPANY COLLECT SHARE CAPITAL MONEY IN CASH FROM ITS SHARE HOLDERS AND IF YES IS THERE ANY LIMIT FOR SUCH COLLECTION IN TERMS OF CASH

30 March 2015 Can be issued in cash to exiting share holders. If issued to others, there is a specific prohibition is section 42(5).


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