Lex comply

    Query Regarding Small Company

    Posted By : SHALU / Published on : 27-Jul-2021 11:19 AM / View : 111 / Comment : 0
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    Dear Members,

    Please reply on following query:

    A private limited company which is a subsidiary of a foreign company has paid up capital
    of Rs. 20,00,000/- and turnover of Rs. 5,00,000/-.

    Now, this company is require to file Form MGT-7A because of low paid up capital and turnover
    or Form MGT-7 since it is a subsidiary company.

    You are requested to reply as soon as possible.
    Read more on : company small regarding query

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