SHARE CAPITAL
This query is : Resolved
21 December 2010
OUR COMPANY HAVE DECIDE INCREASE SHARE CAPITAL RS.25,00,000/- WHAT IS AFFECT ON THE COMPANY AFTER INCRESE SHARE CAPITAL. PL GIVE ME ALL DETAILS.
21 December 2010
Dear Ajit,
Question asked should be specific not veague
1-If company Increases Capital due to Increase of Networth of the company to supporting Bank Finances as Working Capital or Term Loan.
2-For Entering in to Future Joint Ventures etc.
Effect on Company
Company can Increase Shareholdings]
Comapny may create Surplus Fund for business
Exps on Increase of Capital treated as Preliminary Exps and 1/5 shall be written off till future 5 years.
Question asked should be specific not veague
1-If company Increases Capital due to Increase of Networth of the company to supporting Bank Finances as Working Capital or Term Loan.
2-For Entering in to Future Joint Ventures etc.
Effect on Company
Company can Increase Shareholdings]
Comapny may create Surplus Fund for business
Exps on Increase of Capital treated as Preliminary Exps and 1/5 shall be written off till future 5 years.
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