appointment of company auditor

Dear Dheerej,

1) First Sharecapital in this case includes both Equity as well as Prefrence...

2) Let's understand Subscribed Share Capital with an example

 -  Company issues 100 shares @ Rs 10 each - This Rs.1,000 is known as Isuued Share Capital,

 -  Public Applied/Subscribed for 90 shares @ 1 0 each- Rs. 900 is known as subscribed share capital..

 - Company has called Rs. 8 out of FACE VALUE  of Rs. 10 - this Rs. 800 is known as called up share capital

 - people has paid Rs. 7 out of Rs.  - Rs. 700 will be paid up..

Dheeraj..

Amir has explained nicely..

Adarsh

Good Reply by Amir

both pref n equity...

Amir already explained this point in (1) of his reply..

Share capital includes both Equity and Preference share capital..... Amir explanation is right...

both preference share and equity shares are to b considered

ya aamir is correct