Hi everyone pls. advise
A private limited company was incorporated dated 20/04/2015. There are four directors and four sharholders in the compnay. Directors & sharholders both are same. One of the director refused to continue to join compnay as he has got some good job but he has signed the subscriber sheet attached to memorandum. He has not paid any subscripttion amount to the company. Further he also refused to pay share allotment money as he does not more want to be associate withit.
What shall be the correct procedure to be applied in this case?
CAclubindia
