For which purpose paid up capital of a company can be used.

Paid up capital of a company can be used for which purposes and for which purpose it can not be. Kindly explain in detail with reference of laws applicable if any
Replies (1)

Paid up capital can be used for any business purpose including purchase of goods or services, fixed assets, making investments, giving loans & advances etc. etc.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register