This Query has 1 replies
Dear Experts,
In a newly incorporated Private Limited Company, the minimum authorised/paid-up Share Capital is One lakh.
Whether the said entire authorised/paid-up Capital of one lakh Capital should be shown as paid-up Capital by the Directors of the company or it may be reserved as "Paid-up capital" and "Unpaid/Reserved Capital" and in due course of time the said "Unpaid/Reserved Capital" be issued among the Directors.
Furthermore, Liabilities of the Company be Limited with the paid-up share capital of the Directors or it is limitless irrespective of shares holding in the Company.
Kindly clarify these aspects.
Thanking you, in advance.
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Dear sir,
plz Tell me about Changes In Form 23b
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ASAP
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Authorised capital be fully issued or be reserved