Share capital Amount

Pvt ltd 120 views 1 replies

Hi Team,

Shall we bring cash to the companies Share capital to a Pvt Ltd. Company. whether share capital money should be routed through Bank?

Replies (1)

For a Pvt Ltd. Company, share capital money should typically be routed through a bank. Here's why:

Banking channels help ensure compliance with regulatory requirements, like anti - money laundering norms.

Transactions through banks create a clear audit trail,making it easier for accounting and tax purposes. 

Bank transactions provide proper documentation of share capital contributions. 


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