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    Non Receipt of Subscription Money by an WOS

    Posted By : Kamal / Published on : 18-Aug-2021 12:05 PM / View : 710 / Comment : 0

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    Dear All,

    greetings of the day...

    Pls guide on the following:

    An1 WOS company was incorporated in 2016 as a Section 8 Company, but due to FCRA restrictions the Subscription money could not be received.
    Now the FCRA application is rejected and its 5th year of company and entire share capital is not received.

    Please guide as to what may be the consequences of this situation?

    Read more on : money subscription receipt

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