Issue of shares

156 views 1 replies

Hi All,

A Private Ltd Company incorporated under Companies Act,2013 .The Company could not open the Bank Account till 31st Mar,2016.Whether the same can be shown has issued on cash rather Account-payee cheque.What are the Remedy available.

Thanks

 

 

Replies (1)

There is no bar in giving share subscripttion money to the company in cash.

 

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