Presentation of Share capital Schedule

This query is : Resolved

Mayank (Querist)
Follow

30 July 2010 Dear sir,

I want to know the presentation of share capitals schedule as per schedule VI of companys act. please give description of these shares:

3,33,000 (previous year) eq. shares of rs. 100 each fully paid up.
100000 New eq shares of rs.100 each paid up 50 rs. at a premium of rs. 400 each

how these shares would appear in ISSUES , SUBSCRIBED & PAID UP Share CAPITAL HEAD in schedule.

reply ASAP.

vrnanda

vrnanda (Expert)
Follow

02 August 2010 Hi mayank,

in the current year financials Inner column items are as follows:

Issued, Subscribed and Paid up Capital
4,33,000 (31.03.2009: 3,33,000) share of Rs. 100/- as follows

3,33,000 share of Rs. 100/- each fully paid up

1,00,000 shares of Rs. 100/- each, Rs. 50/- paid up for each share

Uncalled Capial
1,00,000/- shares of Rs. 100/- each to the extent of Rs. 50/- each share

Also refer to the Schedule VI of the companies act for the disclosure for any nomenclature changes.