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Share allotment
Can any Private Limited Company issue the shares against money received from CURRENT ACCOUNT of the proprietor?
Replies (3)
How current account of proprietor can maintained in company books. Please elaborate the query...
Ex. ABC Industry Private Limited company open right issue........
Person A want to purchase share of ABC Industry Private Limited......So Can A give its share application from its current Account instead of saving account
Yes , he can.
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