Dear Members,
We are incorporating private limited company limited by shares. We got our name approved and now need to file INC form 7.
We would like to get some assistance for filling Section 4 Capital structure of a company. For example if we are two directors and autorized captial is 1,00,000 then what should be the equity and preference shares? Also what should we fill in Subscribed capital?
Thanks,
Arun
Authorised capital will be as per Memorandum of Association of the company. For example, it could be 10,000 equity shares of Rs.10 each amounting to Rs.1 lac. Subscribed capital can also be same (It cannot be less than Rs.1 lac). It is not mandatory to have preference shares.
N J Suresh & Associates
Bengaluru
CA Inter
View Details
RoamPrime Technologies Private Limited
Bengaluru
CA
View Details
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
CCI
Pro
CAclubindia
