Capital structure of a company

Pvt ltd 239 views 1 replies

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

 

Replies (1)

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.

 

 


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