How to take directions from registrar in case of delay in company bank account opening process for collapsing of deadline for subscription money deposit?
Our company was incorporated in December 2023, at that time there was no such requirements mentioned in Post incorporation actions. And we have not paid any subscription money. Now we have to deposit subscription money after this notification?
We incorporated the private limited company at 07 February 2024. But the bank account opening processes was delayed first due to one partner outside the country and once he came back to the country then Form 29 and Form A problem was raised by the banks for account opening. Now we have opened the bank account at 28 march 2024 and we have paid the amount of one million paid up capital through cheques from our personal bank accounts. Now what to do? The Subscription money certificate is mandatory or the requirement is no longer there ? and the share value is 1000 per share. Is there any difference if the value per share has been kept low e.g. RS 10 per share?
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What is complaince of section 42 company act 2017
Annual return , accounts and UBO
How to take directions from registrar in case of delay in company bank account opening process for collapsing of deadline for subscription money deposit?
Write to your registrar.
Form 45 ka b btyen... Wo b 45 days k andr submit krna hota h ... Wo Kesy r kidr se krein portal change ho gYa h...
At the time.of holding of first agm
Is it for new company or on existing ones ?
New company
How to submit a Subscription Certificate in SECP..? To whom, the share certificate will be submitted in case of SMC..?
No need to submit subscriptio certificate anymore
Our company was incorporated in December 2023, at that time there was no such requirements mentioned in Post incorporation actions. And we have not paid any subscription money. Now we have to deposit subscription money after this notification?
Yes
Where to get this form..? Pehly Form 1 submit hota tha...
No need to file the form
We incorporated the private limited company at 07 February 2024. But the bank account opening processes was delayed first due to one partner outside the country and once he came back to the country then Form 29 and Form A problem was raised by the banks for account opening. Now we have opened the bank account at 28 march 2024 and we have paid the amount of one million paid up capital through cheques from our personal bank accounts. Now what to do? The Subscription money certificate is mandatory or the requirement is no longer there ? and the share value is 1000 per share. Is there any difference if the value per share has been kept low e.g. RS 10 per share?
No need for subscription money certificate. The requirement is to deposit the amount which you've already did
Do we need this in case of SMC?
Yes in all cases
I have opened a company bank account all share holders deposite their share. & Take statement of account. Now what have to do?
Do nothing
Any need of money subscription certificate?
@@jinsarahmed-kq6hu requirement has been withdrawn
is this applied to SMC as well? ad how to contact the registrar?
Yes and you can contact registrar by dialing secp number which you can get on Google.
@@ascotax also can you please tell us that how can overseas Pakistanis can open company accounts online and register with FBR
@@TheKnowledgeable you can register your company using your nicop credentials