Is preference share cap. of co. is necessary to form new co?

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Hell friends we are forming a company when filling form-1 it is saying that preferece share capitals can not be zero or left blank

help me in this regard

Replies (2)

Pref Share Cap is not necessary. You can talk to MCA for the same.

PREFERENCE SHARE CAPITAL CAN BE "0", BUT NOT EQUITY SHARE CAPITAL

THIS MIGHT DUE TO SIGHT PROBLEM WHICH IS TAKEN OVER BY INFOSYS.

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