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Querist : Anonymous (Querist)
02 December 2012 Field 5a&5b in form-1 for 100000 Capital and 40000 paid up, Explain Below ?

5(a)

Authorised Capital of the Company
Break up of Authorised Capital

Number of equity shares

Total Amount of equity share

Nominal Amount per equity share

number of preference shares

Total Amount of preference shares

Nominal Amount per preference shares


5(b)

Subscribed Capital of the Company
Break up of Subscribed Capital

Number of equity shares

Total Amount of equity share

Nominal Amount per equity share

number of preference shares

Total Amount of preference shares

Nominal Amount per preference shares

03 December 2012 1. Authorised capital is represented by the maximum number of shares that a company is allowed to issue.

Subscribed capital is represented by the ACTUAL number of shares issued by the company. (this figure may be equal to or less than the authorised capital)

2. Nominal value means the face value of the shares.


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