Subscribers to MOA and AOA

After Incorporation they can not do so.

Regards

Any idea what will be the penalty if such an action is taken? Will the company registration itself become void?

Originally posted by : Karnan P Paulson
	Any idea what will be the penalty if such an action is taken? Will the company registration itself become void?

At the time of Incorporation, Directors has to submit declaration that they have already subscribed to initial subscripttion.

Hence no question for not subscribing. In this case, if now subscribers will go in different direction then it will amount to fraudulent declaration.

thank u...

Dear Karan

Please make retification of MOA internaly.

Regards