Dear members,
Greetings of the day...
Please help me in the following issues-
A company was incorporated as a Private Limited company as a wholly owned subsidiary of a foreign company, the Subscribers to the MOA subscribed for Rs. 25 Lakh as subscribed capital of the company, but they only gave Rs. 5 lakh out of Rs. 25 Lakh. the company has showed this 5 lakh as paid up capital of the company and 25 lakh as itsAuthorised, Issued & Subscribed capital. Now, the holding company paid the balance 20 lakh in January, 2016 and now the company wants to get its share stamped.
How to proceed in this case?
Please help.