Whether required subscribed capital for formation of private limited co. shall be RS. 10,00,000 instead of 1,00,000. MCA-21 portal require Resubmission of Form-1 with subscribed captal 1,00,000...message display by MCA21 portal as follow-: "Subscribed share capital should be Rs. 10 lacs. Please scan MOA and AOA alongwith subscribers sheet under the head of MOA and AOA respectively. Form should be resubmitted by 03/11/2011 failing which the eForm shall be treated as invalid and shall not be taken on record. (Please refer Regulation 17 of the Companies Regulation, 1956)"
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Subscibed capital
Replies (2)
Hello,
In case of use of key words like Enterprises, Enterprise, products, product, Business, Manufacturing, manufacture in the name of the company, the authorised share capital should be 10 lacs, . Kindly check if that is the case. I understand they have mentioned subscribed capital, however there is no such restriction regarding subscribed capital.
Regards
Might Be There Could be Any Typing Error or Check out the Subscriber Page of the MOA.
Please Do Let us Know the Solution.Even we are Curious.
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