Share Capital
This query is : Resolved
19 September 2010
If a pvt ltd company has 2 directors A and B having share A-60000 B-30000 and 1 share holder(not Director) C-10000 then the following appearance in Balance sheet is right?
Paid up Capital
A-60000
B-30000
C-10000
Total 100000
Paid up Capital
A-60000
B-30000
C-10000
Total 100000
19 September 2010
it is better to show total sahre capital as per schedule VI.
read schedule VI of companys' act
read schedule VI of companys' act
19 September 2010
No need to show the break up in balance sheet. The details viz.,name, number of shares held, position and nominal amount etc can be shown in the "Notes on Accounts" under the head "back ground of the company"if the company so wish and it is not mandatory.
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