can company receive money for subscription of shares in cash in case of newly Incorporated company??

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11 Points Posted on 26 March 2018
can company receive money in cash for subscripttion of shares in case of newly Incorporated company??
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On 26 March 2018 at 16:56 Report
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NONE
163 Points Posted on 26 March 2018
No, as such money shall be deposited in a schedule bank in a separate Account.
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On 26 March 2018 at 17:25

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