Share capital related
Nayeem Ahmad (student) (25 Points)
25 February 2017Nayeem Ahmad (student) (25 Points)
25 February 2017
manoj
(student)
(5205 Points)
Replied 25 February 2017
Listin company is only authorised and not subscribed 10 Lakh
Subscribe only by member and not by company
Further you can issue any number of shares in Parts upto Authorised
Nayeem Ahmad
(student)
(25 Points)
Replied 25 February 2017
Thanks for the reply sir.
My question is if a private company is recently incorporated with authorized capital Rs 10 lakhs and subscribed capital 10 lakh. Can the company issue only 2 lakhs to the subscribers for the time being, and call the rest in future as and when required. Please guide
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