authorised capital
This query is : Open
MILAN B. SHAH
(Querist)
18 November 2016
hi good morning everyone
I want to know whether authorised capital want to introduced in company in cash or by cheque by directors??
is it possible to take unsecured loan for same in cash?
Pratik Shah
(Expert)
18 November 2016
Your question is confusing. Are you talking about Authorised Capital or paid up capital??!
MILAN B. SHAH
(Querist)
18 November 2016
authorized
Pratik Shah
(Expert)
18 November 2016
In that case, your query is confusing. You are not required to infuse Authorised capital. Authorised capital is just a limit upto which paid up capital can be raised.
MILAN B. SHAH
(Querist)
18 November 2016
okay thanks
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