Pls help me in finding what exactly issued capital .If a company offer 10000 shares but public apply for only 9000 shares than whether 1000 shares should be part of issued capital or not
CA Sandeep Kumar
(Audit Assistant)
(804 Points)
Replied 17 January 2011
only 9000 will be part of issued capital.. authorised capital will always be constant, unless increased to..
sajay kumar
(IPCC STUDENT)
(162 Points)
Replied 18 January 2011
10000 shrares is isued capiral,where as 9000 is subscibed capital.issued capita is the part of authorised capital
Suresh Prasad
(www.aubsp.com)
(15630 Points)
Replied 18 January 2011
| Originally posted by : vijay | ||
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Pls help me in finding what exactly issued capital .If a company offer 10000 shares but public apply for only 9000 shares than whether 1000 shares should be part of issued capital or not |
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Issued share Capital: 10000 shares
Subscribed share capital: 9000 shares
CAclubindia
