Authorised Share Capital
This query is : Resolved
31 December 2009
Hello
How & Who decide about Authorised Share Capital , & on what basis amount decide. if Co want to increase the same on which fanancial factor to be conditionred
Please explain me
Thanks
How & Who decide about Authorised Share Capital , & on what basis amount decide. if Co want to increase the same on which fanancial factor to be conditionred
Please explain me
Thanks
31 December 2009
Authorised capital is decided by the promoters of the company. However for doing any particular work for which a minimum Authorised capital is given, you need to take that figure in mind.
For a private limited - Min.1 Lakh (Auth. & paid up)
For a Public Limited - Min. 5 Lakh (Authorised & paidup)
For a NBFC - Min Rs. 2 Crore (Auth. & Paidup)
For a private limited - Min.1 Lakh (Auth. & paid up)
For a Public Limited - Min. 5 Lakh (Authorised & paidup)
For a NBFC - Min Rs. 2 Crore (Auth. & Paidup)
31 December 2009
The same can be based on the estimated working capital to be deployed in the company to be funded by the promoters of the company as permanent capital
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- FORM 26A APPLICABILITY
- When TDS on GST applied
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
