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Subscriber application Money

Dipak Singh ( company secretary) (58 Points)

01 April 2011  

Dear Members,

In a situation where a company does not receive the share apllication

money from the subscribers ,after the incorporation, what is the

implication and the way out.


Dipak Singh

 1 Replies

U S Sharma (glidor@gmail.com) (21031 Points)
Replied 21 April 2011

the company will issue notice and forefiet the shares.

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