Share capital in cash

Yes Director can birining to sahre capital in cash form and the provision of Sec 269 is not attracted in the case of share capital.

further Director has the proof of cash withdrawal from the bank or cash in hand

Dear Friend,

Directors of the company whether private or public can subscribe the share capital of the company either in cash or in kind, there is no restriction of infuse of money in company.

Section 269 deal with appointment of MD or WTD and not deal with share capital.

Regards

CS Ajay Mishra

Can anyone provide me with the relevant case laws?