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Discussion > Students > IPCC >

Need help in internal reconstruction a/c

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Student

[ Scorecard : 476]
Posted On 11 August 2012 at 21:49 Report Abuse

If in any problem , High Court orders to reduce Face Value of Equity Shares under Recounstruction scheme , then does it have any impact on Authorised Capital ?



Palash Gupta
Student...Hoping to pass Inter

[ Scorecard : 776]
Posted On 11 August 2012 at 22:57

No there wl nt b an impact on authorisd capital..!it wl effct 2 thngs.!!the paid-up capitl nd d capital reserve a/c..:)



Sam
-

[ Scorecard : 174]
Posted On 12 August 2012 at 11:05

nope there will be no impact on Authorised capital


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